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UK could force oil, gas platform companies to convert rigs to green energy or face shut down: reports

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Oil and gas rigs in United Kingdom waters of the North Sea could be forced to convert over to green energy or low-carbon fuels, or either face closure or getting banned from opening new platforms, in an effort to reduce emissions, according to reports.

The Telegraph reported there are currently over 280 oil and gas platforms in UK waters, which produce about 3% of the total CO2 emitted by the country per year.

The same rigs, though, produce nearly half of the UK’s energy.

The North Sea Transition Authority (NSTA) has regulatory authority over the waters off the UK, and reportedly gave oil producers an ultimatum to either convert platforms to operate on low-carbon fuels or green electricity, or face closure.

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North Sea Gas Platform

A worker looks out onto the weather deck of the Armada gas condensate platform, operated by BG Group Plc, in the North Sea, off the coast of Aberdeen, U.K., on Thursday, Dec. 10, 2015.  (Simon Dawson/Bloomberg via Getty Images)

The requirement is for all new rigs after 2030 to be electrified completely from the start, while new development ahead of that must be designed to run on electricity.

Older platforms dating back to the 1970s and 1980s could cost a heap for electric conversion. Some platforms may have to connect with land power or build wind farms near each platform for an electricity connection.

Documents posted to the NSTA’s website point towards the end of flaring or burning off methane by offshore platform operators.

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Wind turbines in the North Sea

Wind turbines are seen in the North Sea near Scheveningen, Netherlands, on Aug. 25, 2022. (Reuters/Piroschka van de Wouw)

Methane, which is a greenhouse gas like CO2, is nearly 80 times more harmful than CO2. Flaring releases both unburned methane and CO2 into the atmosphere.

The NSTA regulates flaring and venting under the Energy Act of 1976, which was amended in 2016, and the Petroleum Act of 1998. The NSTA also aims to ultimately phase out flaring and venting by 2030.

«While progress has been made, with industry flaring volumes having decreased by around 50pc since 2018, and some flaring is unavoidable for safety and operational reasons, the NSTA has been clear that more must be done to prevent the wasteful flaring of gas and expects the reductions to continue,» the NSTA wrote, adding that the new plan will aid those efforts. «This plan places electrification and low carbon power at the heart of emissions reductions.

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«It makes it clear that where the NSTA considers electrification reasonable, but it has not been done, there should be no expectation that the NSTA will approve field development plans that give access to future hydrocarbon resources in that asset,» it added.

Still, the agency plans to avoid unintended consequences while also applying the plan reasonably.

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French PM to resign as leftists nab majority of parliamentary seats in snap election

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A far-left political coalition that unexpectedly assembled ahead of France’s snap elections is projected to win the majority of parliamentary seats up for grabs and the country’s prime minister has announced his intention to resign – leading the country into unforeseen territory and possible turmoil.

As the election results came in, French Prime Minister Gabriel Attal announced he will be turning in his resignation on Monday. 

President Emmanuel Macron’s centrist alliance was projected to take the second most seats, while the far right was projected to come in third.

Macron called the snap election just four weeks ago, after the right-wing National Rally (RN) scored enormous success in the European Parliamentary elections in June. Polling before the first round of voting indicated RN would continue to dominate. However, more recent polling ahead of the runoff indicates those returns have diminished and RN will fall short of a clear majority. 

FRENCH ELECTION PREVIEW: POLLS SHOW RIGHT-WING PARTY LEADS RUNOFF AS OPPONENTS URGE TACTICAL VOTING

French Prime Minister Gabriel Attal delivers a speech after the second round of the legislative elections, Sunday, July 7, 2024, in Paris. (AP Photo/Aurelien Morissard)

The first round occurred on June 30 and resulted in just 76 of the 577 constituencies in the French National Assembly determining their representative. Candidates who did not receive an outright majority in the first round of voting went on to a second-round runoff, which happened on Sunday.

Going into the election, France was set to elect the RN as the largest party in government, though it was possible no party might emerge with a clear majority in the tightly contested election.

When the results started to come in, projections changed toward the left, signifying a lack of majority for any single alliance, which threatened to plunge France into economic and political turmoil.

FRANCE’S RIGHT-WING NATIONAL RALLY LOOKS TO SEIZE ON RECENT ELECTORAL GAINS

Jean-Luc-Melenchon

Far-left La France Insoumise – LFI – (France Unbowed) founder Jean-Luc Melenchon delivers a speech at the party election night headquarters, Sunday, July 7, 2024 in Paris. (AP Photo/Thomas Padilla)

The final results of the election are not expected until late Sunday or early Monday.

Macron made a huge gamble when he called for the snap election, and the projections show the gamble may not have paid off for the unpopular president and his alliance, which lost control of parliament.

While the far-right RN greatly increased the number of seats it now holds in parliament, the results fell short of the party’s expectations.

FRANCE’S GOVERNMENT SPOKESPERSON IS ATTACKED ON CAMPAIGN TRAIL, DAYS BEFORE DECISIVE ELECTION

socialist-party reacting

Supporters of the Socialist Party react after the second round of the legislative elections, Sunday, July 7, 2024, at their election night headquarters in Paris.  (AP Photo/Aurelien Morissard)

Far-left leader Jean-Luc Mélenchon urged Macron to invite the leftist New Popular Front coalition to form a government, given projections that put it in the lead.

Macron’s office said the president would «wait for the new National Assembly to organize itself» before making any decisions.

RIVALS MOVE TO BLOCK FRANCE’S RIGHT-WING NATIONAL PARTY’S ELECTION MOMENTUM

Macron votes

French President Emmanuel Macron and his wife Brigitte Macron leave the voting booth before voting for the second round of the legislative elections in Le Touquet-Paris-Plage, northern France, Sunday, July 7 2024. Voting has begun in mainland France on Sunday in pivotal runoff elections that could hand a historic victory to Marine Le Pen’s far-right National Rally and its inward-looking, anti-immigrant vision — or produce a hung parliament and political deadlock. (Mohammed Badra, Pool via AP)

A hung parliament with no single bloc coming close to getting the 289 seats needed for an absolute majority in the National Assembly, the more powerful of France’s two legislative chambers, would be unknown territory for modern France.

France doesn’t have a tradition of lawmakers from rival political camps coming together to form a working majority.

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The projections, if confirmed by official counts, will spell intense uncertainty for a pillar of the European Union and its second-largest economy, with no clarity about who might partner with Macron as prime minister in governing France.

Fox News Digital’s Peter Aitken and The Associated Press contributed to this report.


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