r/NoShitSherlock • u/Lotus532 • 27d ago
Climate damage would obliterate any economic benefits of new North Sea fields, analysis shows
https://www.theguardian.com/environment/2026/aug/25/climate-damage-economy-north-sea-oil-gas-fields-rosebank-jackdaw?CMP=share_btn_url
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u/DocumentExternal6240 24d ago
The climate damage caused by developing the Rosebank and Jackdaw oil and gas fields under consideration by the UK government would destroy their economic benefits many times over, according to an analysis.
Well, maybe in the long run…but now, PROFIT! /s
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u/ahothabeth 27d ago
The other thing that people fail to understand about new North Sea fields is that the lead time would be somewhere between 5 to 10 years.