10 December. Scotland. Today Siccar Point Energy, the main stakeholder and energy firm behind the proposed Cambo oil and fossil gas field in the North Sea, announced its decision to suspend the project. This news comes after sustained pressure from climate activists and an announcement last week that oil major Shell had withdrawn support for the maligned fossil fuel project.
Tommy Vickerstaff, UK campaigner at 350.org said:
“This is huge and brilliant news for the StopCambo campaign and it is a testament to the power of protest. Anyone who has been involved in resisting this project should be celebrating today.
At the same time, we must acknowledge that this decision should have been made months ago by the British government. After a year of posturing as a climate leader before hosting the UN climate talks, they still left this decision down to the fossil fuel company to make. Now we need to see more decisive leadership from them to end coal, oil and gas extraction in the UK and overseas.
The pause on the Cambo project shows that as well as being dangerous for the climate these projects are continuously economically unviable. Whilst the industry is determined to squeeze as much money out of these dying industries as possible, we need to know what the plan is for workers in these fields. We need to see real, concrete investment in retraining and good jobs for these workers.”
Mark Raven, [email protected], +447841474125