While it's true that Denmark's recent North Sea fossil energy policy has set a final end date on extraction from 2050, the move has also created a basis for a new chapter for domestic oil and gas investments, says Chief Executive Birgitta Jacobsen from the state-owned oil group, Nordsøfonden.
"I think it's very positive that a broad majority in Danish Parliament supports ensuring stable conditions ahead of 2050. That's a long horizon, and so many projects that have been on stand-by due to an uncertain framework can be realized in that period," she tells EnergyWatch.
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