Hypocrisy rules as we prepare to host Cop26 and Boris Johnson prepares to approve a new oilfield off Shetland
Just months before hosting the Cop26 climate summit in Glasgow, the UK government will decide whether to approve a massive new oilfield 75 miles north-west of Shetland. Boris Johnson has hinted at a likely go-ahead. The Cambo field, being developed by private-equity-owned Siccar Point and Shell, would produce 170m barrels of oil – oil the world cannot afford to burn.
The Cambo decision is the government’s first test since the International Energy Agency (IEA) warned against developing new oil and gas fields. In a landmark report this year, the IEA found that that already-operating fields will produce more oil and gas over the coming decades than can be consumed if global heating is limited to 1.5C.