The UK Is Reviewing Its Net-Zero Strategy In A Bid To Ensure Energy Security

OilPrice.com | Sep 26, 2022 at 9:31 AM
  • The UK government on Monday launched a review of the steps the country has laid out to take in reaching its legally-binding 2050 net-zero emissions target while increasing energy security and affordability at the same time.
  • The new government in the UK has recently taken steps to maximize the potential for domestic oil and gas production to lessen import dependence.
  • The UK government also confirmed its support for a new oil and gas licensing round in the North Sea, expected to lead to more than 100 new licenses.