Britain commits to hundreds of North Sea oil and gas licences

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Britain on Monday committed to granting hundreds of licences for North Sea oil and gas extraction as part of efforts to become more energy independent, drawing criticism from environmental campaigners.

Prime Minister Rishi Sunak confirmed plans for more than 100 such licences, which attracted bids earlier this year and said hundreds of future licenses could also be granted.

Britain has a target to reach net zero emissions by 2050 but Prime Minister Rishi Sunak said even by this date the country is expected to get more than a quarter of its energy from oil and gas.

 

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