Denmark's new policy for North Sea oil and gas is "awful in several senses," says Greenpeace Denmark Head of Climate and Environmental Policy Helene Hagel after having a few weeks to digest the content of the country's updated legislation on the matter, ratified in December.
Here, the political parties behind the accord setting an end date at 2050 for all Danish fossil energy extraction decided to halt all further standard tender rounds. Although the so-called mini-rounds, where players may still offer unsolicited bids, are upheld and thereby enable issuances of new exploration and production licenses in the Danish North Sea.
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