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Scots oil services firms eye move into Myanmar amid North Sea downturn heraldscotland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldscotland.com Daily Mail and Mail on Sunday newspapers.
A shock declaration from the international energy watchdog could reignite the debate about the future of the once mighty North Sea oil and gas industry and leave ministers and consumers alike facing hard choices. In a special report issued last week the International Energy Agency set a cat among the pigeons as it warned that well meaning moves made by governments to cut greenhouse gas emissions did not go anywhere near far enough. “Climate pledges by governments to date – even if fully achieved – would fall well short of what is required to bring global energy-related carbon dioxide emissions to net zero by 2050 and give the world an even chance of limiting the global temperature rise to 1.5 °C,” said the Paris-based IEA. ....