EnergyWatch

Fossil lobby on historic Danish oil stop: "All good things come to an end"

The most important thing is that framework clarity has been set for the North Sea, says sector lobby Oil Gas Denmark after a broad political majority in Danish parliament agreed to close license tenders and stop all fossil energy extraction by 2050 at the latest.

Martin Næsby, som er adm. direktør i brancheorganisationen Olie Gas Danmark, er ikke bekrymret for arbejdspladserne i Nordsøen på baggrund af torsdagens store olieaftale. Det slår han fast i et interview med EnergiWatch. Photo: Olie Gas Danmark

It's unusual to see a trade association show support for a policy agreement that sets a crystal-clear end date for the industry it represents.

Nonetheless, that's the stance taken by Oil Gas Denmark, which commends Denmark's policy update from Thursday to quit oil and gas by 2050, also entailing a moratorium on further licensing tenders.

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