Ebenezer
TheEbenezer News

Climate

Climate damage would obliterate any economic benefitsof new North Sea fields, analysis shows

Exclusive: Economic harm of CO2 pollution from Rosebank and Jackdaw forecast to far outweigh any boost to UK

Read full story on The Guardian
Damian Carrington Environment editor25 Aug 2026, 05:00 amUpdated 14h ago1 min readClimateGlobal
Climate damage would obliterate any economic benefits of new North Sea fields, analysis shows

GlobalDamian Carrington Environment editor

Exclusive: Economic harm of CO2 pollution from Rosebank and Jackdaw forecast to far outweigh any boost to UK

The climate damage caused by developing the Rosebank and Jackdaw oil and gas fields under consideration by the UK government would destroy their economic benefits many times over, according to an analysis.

It estimates the economic damage caused by the carbon pollution from the oil and gas produced would be between £119bn and £336bn in the coming decades, compared with the £28.7bn in value to the UK estimated by Adura, the fossil fuel company promoting the new fields.

The climate damage caused by developing the Rosebank and Jackdaw oil and gas fields under consideration by the UK government would destroy their economic benefits many times over, according to an analysis.

This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian

Source: The Guardian · Damian Carrington Environment editor. Published 25 Aug 2026, 05:00 am.

Keep reading

Back to the desk