Read on Twitter
This is *actually* big news folks. Leaving it in the ground is the least-pulled lever of climate action, there's still a long way to go, but this is a big message, particularly to us here in Norway. https://uk.reuters.com/article/denmark-oil/denmark-cancels-future-oil-and-gas-hunt-in-north-sea-idUKL8N2IJ6E3
Denmark had already banned *exploration* (finding new places to dig it up) in inland waters, and drilling on land. This expands the ban to drilling outside of those areas. https://stateofgreen.com/en/partners/state-of-green/news/the-danish-government-ends-oil-and-gas-exploration-and-drilling-on-land/
Activism works -->> https://www.reuters.com/article/us-denmark-climatechange-oil/climate-activists-occupy-total-oil-platform-in-danish-north-sea-idUSKCN25E0FN
Here's @PriceofOil -->> http://priceofoil.org/2020/12/03/danish-announcement-sends-clear-signal-climate-leadership-means-an-end-to-fossil-fuel-expansion/
@climate --> https://www.bloomberg.com/news/articles/2020-12-03/denmark-ends-north-sea-oil-exploration-drops-production-in-2050?utm_medium=social&utm_campaign=socialflow-organic&utm_content=business&cmpid=socialflow-twitter-business&utm_source=twitter
@ft -->> https://www.ft.com/content/981bef4d-3338-44cb-824d-39e953b287f7?sharetype=blocked
@climate --> https://www.bloomberg.com/news/articles/2020-12-03/denmark-ends-north-sea-oil-exploration-drops-production-in-2050?utm_medium=social&utm_campaign=socialflow-organic&utm_content=business&cmpid=socialflow-twitter-business&utm_source=twitter
@ft -->> https://www.ft.com/content/981bef4d-3338-44cb-824d-39e953b287f7?sharetype=blocked
A few charts from the BP_SRWE2020 since I've got it open anyway
- Denmark is 3rd biggest oil producer in Europe, but relatively, not v big
- Oil production has been falling since 2004. Oil consumption has *not* (time to ditch those fossil cars, DN)
- Denmark has a lot of VRE
- Denmark is 3rd biggest oil producer in Europe, but relatively, not v big
- Oil production has been falling since 2004. Oil consumption has *not* (time to ditch those fossil cars, DN)
- Denmark has a lot of VRE
Interestingly enough, Denmark still produces slightly more gas than it consumes, but consumption of gas is falling (every grid with high renewables usually has *too much* gas - ever if we accept the 'backup' argument then you only "need" a tiny amount)
Important context! https://twitter.com/ruth_mottram/status/1334773472094982144
Extra charts: Denmark is #37 in the world as of 2019 in terms of total production amount for oil, about 0.25% of total world oil production. 44th in the world for gas production, ~0.21% of total.
^^ So when I say "there's still a long way to go", you know what I mean, but many of the countries down the thinner-end of these charts are going to make a big, public deal of exiting these industries, and it's hopefully going to feed upwards.
Okay one more: if we extrapolate Denmark's decline in oil production from 2004 - 2019, which has been quite steady, it'll stop by around 2025 ish (though the rate of decline has slowed slightly over this period too....so presumably it'll continue decelerating)
Basically, Denmark is a little country on the global scale of things but it is worth paying attention to the change they tend to be the first to be publicly bragging about, because it might signify some changes to come.
See: wind power
See: wind power
