Rishi Sunak visited a Shell plant in Aberdeenshire earlierImage caption: Rishi Sunak visited a Shell plant in Aberdeenshire earlier
We're wrapping up our live coverage, so let's recap the day.
Speaking from Aberdeenshire, Prime Minister Rishi Sunak announced that the government would grant 100 new North Sea oil and gas licences.
Sunak defended the new licences, saying they were "entirely consistent" with government climate commitments.
But critics say today's plans show the government is not serious about tackling climate change. Shadow climate change secretary Ed Miliband said Sunak's "weak and confused policy... will do nothing for our energy security, and drive a coach and horses through our climate commitments".
Sunak also announced support for a carbon capture project, which will trap planet-warming CO2 emissions and bury them under the sea in north east Scotland.
We're ending our live coverage but you can:
Get a summary of they key points in our main story here
Understand what carbon capture is and how it can help fight climate change here
Today's live page was written by Andre Rhoden-Paul, Anna Boyd, Emily McGarvey, Gem O'Reilly, Charlene Anne Rodrigues, Jacqueline Howard, Sean Seddon and Malu Cursino. It was edited by James Harness, Victoria Lindrea, Jamie Whitehead and Dulcie Lee.
BBC Verify
Mark Poynting, climate and environment researcher
Is it true that the UK decarbonised faster than any other G7 country?
PA MediaCopyright: PA Media
In this morning's BBC Scotland interview, Rishi Sunak claimed
the UK has “decarbonised faster than any other G7 country.”
The G7 (Group of Seven) is an organisation of the world's
seven largest so-called "advanced" economies, which includes the UK.
It is true the UK has decarbonised faster when comparing
cuts to greenhouse gas emissions since 1990.
This figure refers to greenhouse gas emissions within the
UK, in line with international standards. It doesn’t account for the UK’s total
carbon footprint, which includes emissions related to the manufacture of
products that the UK imports from abroad, for example.
Germany is in second place among the G7, having cut its
emissions by
40.4% since 1990.
However, since a key international climate agreement, called the Paris Agreement,
was signed at the end of 2015, Germany has reduced its emissions at a faster
rate compared with the UK.
Under the Paris Agreement nearly 200 countries
agreed to try to limit average global temperature rises to 1.5C, which would stave off some of the worst effects of climate change.
Sunak will go on holiday by plane, says No 10 after flight criticism
Taking a flight made sense, he said, “because it’s an efficient use of time for the person running the country”.
Critics accused him of hypocrisy after his flight today, given his pledges to curb carbon emissions.
According to Downing Street, Prime Minister Rishi Sunak will be going on an overseas holiday with his family this Thursday. It'll be the first family holiday in four years, his spokesperson told reporters.
No 10 confirmed Sunak and his family will be flying rather than getting a train.
What impact can carbon capture have?
Douglas Fraser
Scotland business & economy editor
Of all the ways of reducing carbon emissions, the cheapest way is simple: don't burn oil and gas.
So lower the thermostat and improve insulation. Carbon capture and storage has been at the other end of the spectrum (if you need a recap of what it is, check our previous post).
Although the industry hopes to bring down the cost of capture from £80 to £100 per tonne, it aims to reduce that to below £40. But in doing so, it's a highly industrial answer to the challenge.
The opposition to it is not the concept, but mistrust of industry motives - it provides a means for the oil and gas industry to keep drilling.
But it's not just the industry with that need. If it works at scale, it can allow generators to continue making electricity from gas, oil and even coal.
It allows petro-chemicals and refining to continue, while mitigating emissions.
While the technology is proven, it is only at a small scale.
Only around 40m tonnes of carbon are sequestered each year. The aim is to get to 8bn tonnes by 2050.
What is carbon capture and storage?
You'll have heard this phrase a lot today, as Rishi Sunak announced more funding for carbon capture projects. So let's have a quick rundown of what it is.
Firstly, burning fossil fuels like oil, gas and coal to generate electricity emits CO2, which is the main driver of climate change.
The carbon capture process stops most of the CO2 produced from being released, and either re-uses it or stores it underground.
The government says the North Sea is an ideal place to store CO2 - it has plenty of old empty oil and gas reservoirs, and also permeable rocks known as saline aquifers.
Take a look at how the process works below:
.Copyright: .
Wait, what's this all about again?
PA MediaCopyright: PA Media
Sunak visited Aberdeen as he made the announcement about oil and gas licences this morningImage caption: Sunak visited Aberdeen as he made the announcement about oil and gas licences this morning
If you're coming to this fresh and are in a bit of a daze, don't worry, let's get you up to speed in 100 words:
He said they were "entirely consistent" with the government's climate change goals, after accusations of "doubling down" on fossil fuels
Sunak said it would help power the UK during the transition to renewables and stop reliance on "foreign dictators" for energy
He also confirmed funding for the development of two new carbon capture projects - a technology which buries greenhouse gases below the seabed
Opposition parties and climate groups criticised the North Sea energy expansion, with Labour warning it will "drive a coach and horses through our climate commitments"
BBC Verify
Mark Poynting, climate and environment researcher
Is the UK meeting its climate targets?
Speaking to BBC Scotland this morning, Rishi Sunak said “we [the UK] have met every single carbon budget target we’ve set ourselves”.
The “carbon budget” refers to the cap on the amount of greenhouse gases emitted in the UK. It is set by the government’s independent climate advisers, the Climate Change Committee, over five-year periods.
The current budget is the fourth and it runs between 2023 and 2027.
The PM is correct that the UK met all three previous carbon budgets, using provisional data for the third carbon budget. The Climate Change Committee said in June that it was more confident than a year ago that the UK would meet its fourth budget.
However, they also warned that it was now “markedly less confident” than a year ago that the government would meet its fifth and sixth budgets – highlighting a lack of urgency to deliver on its ambitious commitments in the medium-term.
Each carbon budget is considered an important stepping stone to the government’s 2050 goal to stop adding to the total amount of greenhouse gases into the atmosphere, known as net zero.
The Climate Change Committee also said the expansion of fossil fuel production would not be “in line with net zero”.
Despite this, the government says it is still committed to the targets.
You can read more about the government’s net zero target here.
Four in ten support ban on new North Sea developments - poll
How do people feel about new oil and gas developments in the North Sea?
We can get a clue from a YouGov poll from May, which found that 40% of respondents would support a ban on new North Sea developments.
On the other hand, 32% of people opposed a ban.
And, perhaps showing how complex this issue is, a whopping 29% of people didn't know how they felt.
Analysis
Sunak hopes to draw clear line on green issues
James Cook
Scotland editor
The prime minister hopes to drive a green wedge between his
party on the one hand and Labour, the SNP, the Liberal Democrats and the Greens
on the other.
But his approach comes with big risks. Environmental
campaigners argue that Sunak is making a huge mistake — morally, practically
and electorally.
Alex Armitage, a Scottish Green Party councillor in Shetland says
oil and gas is a "sunset industry" and the controversial oil field Rosebank will not improve the
UK’s energy security or bring down bills.
This
month’s wildfires in Greece show that continuing to extract oil from the North
Sea and North Atlantic would be madness, he adds.
Climate
change and its impact looks certain to become a central issue when the UK goes
to the polls sometime in the next 18 months.
Carbon capture projects won't make up for oil and gas licences
Justin Rowlatt
Climate editor
Will the carbon capture and storage projects announced today help deal with the emissions from the hundreds of new licences for oil and gas the government plans to issue?
The simple answer is no.
Carbon capture and storage is an emerging industry. There are only about 40 commercial operations globally, according to the International Energy Agency.
The investment the government has announced today - and for two other projects in England earlier this year - is designed to kickstart the industry in the UK.
It will be many years before it is capable of trapping planet-warming carbon dioxide on a large scale.
And there are questions about how it will be funded in the future.
Capturing and storing CO2 represents a significant additional cost. Why would businesses incur it unless the government obliges them to?
Oil and gas production in the North Sea is falling - why?
Mark Poynting
Climate and environment researcher
PA MediaCopyright: PA Media
The amount of UK oil and gas extracted from the
North Sea has been steadily falling in recent years.
In 2000, North Sea oil and gas production was
nearly 250 million tonnes of oil equivalent (Mtoe), according to the North Sea
Transition Authority - the UK oil and gas body.
Ten years later this had almost halved to
nearly 125 Mtoe. In 2022, oil and gas production was less than 80 Mtoe and is
forecast to continue to decline in the coming years.
So what’s behind the fall?
It’s largely because oil and gas supplies in
the North Sea are dwindling, making it harder and more costly to extract new
oil and gas.
At the same time, demand for oil and gas is
expected to fall sharply – for example as heating and transport become
electric.
If the UK meets its net-zero targets - which would mean the UK would not be adding to the total amount of greenhouse gases in the atmosphere - then
demand will be around a quarter of its current level by 2050.
That’s according
to the government’s independent advisers, the Climate Change Committee.
In fact, even without any new oil and gas
projects, the UK would have to import half as much oil and gas in 2050 compared
with today if it reaches net zero.
The prime minister knows he is facing an uphill battle to
retain power at the next general election.
But the result of this month’s Uxbridge by-election in London
has given him some hope.
The Conservatives’ narrow victory there was attributed to
anger about Labour’s plans to tax polluting vehicles under a scheme called Ulez.
The lesson Rishi Sunak appears to have drawn is that a rapid
and disruptive transition from oil and gas to renewable energy could be a vote
loser.
Some 600 miles from Uxbridge, that stance resonates with
Arlene Robertson, one of many Shetland islanders to benefit from the 1970s oil
boom.
The UK, she argues, is nowhere near ready to stop producing
hydrocarbons.
“Shutting down oil and trying to import it from places like
Russia doesn't make much sense to me," she says.
Robertson thinks the controversial Rosebank oil field off
the coast of Shetland, one of the largest untapped reserves in UK waters,
should be drilled.
It is currently awaiting regulatory approval but Sunak’s
intervention is a strong signal that he expects it to go ahead.
.Copyright: .
The race for North Sea carbon storage
Sean Seddon
Journalist
It isn't just the UK looking at North Sea carbon storage to meet emission targets.
Prof Stuart Haszeldine, from the University of Edinburgh, told the BBC earlier how Equinor, a Norwegian company, has been implementing carbon capture since 1996.
Norway has dubbed its wider carbon capture strategy Longship and wants to turn the importing of liquified CO2 from around Europe into a fully-fledged industry.
Funding has been approved for a venture which will see carbon trapped at industrial sites on the mainland transported by ship and stored 2,600m (8530ft) below the sea.
Denmark issued its first carbon capture licences earlier this year, Reuters reported. Three companies - including British firm Ineos - are aiming to store eight million tonnes per year by 2030.
The Netherlands has plans to ship industrial carbon from Rotterdam to offshore sites, while an agreement is in place between firms in Germany and Belgium to create a pipe network for liquified CO2 bound for the North Sea.
BBCCopyright: BBC
A threat to UK's position as global climate leader?
Justin Rowlatt
BBC Climate editor
Prime Minister Rishi Sunak's announcement on North Sea oil and gas licences threatens the government’s ability to lead on climate internationally, say some senior Tories.
Sunak urged world leaders to act quickly on climate when he spoke at the UN Climate Conference in Sharm El-Sheikh in Egypt last year.
"Putin's abhorrent war in Ukraine, and rising energy prices across the world are not a reason to go slow on climate change. They are a reason to act faster," he said.
But the hundreds of new oil and gas licences he said his government plans to issue are likely to make influencing other nations on the climate agenda harder.
The government’s climate watchdog, the Climate Change Committee, last month warned the government is losing its leadership role on climate.
That fear has been echoed by environmentally minded Conservatives including Zac Goldsmith and Alok Sharma.
The question is why other countries would listen when the UK urges them to scale back oil and gas production if it plans to chase down its last reserves of oil and gas?
That represents a drop from nearly 50% in the early 2010s - but the figure is still higher than in the late 1990s, when the UK was a net exporter - meaning it sent more energy abroad than it imported.
The UK imports proportionally less of its electricity - typically about 5%. In 2022 it was a net electricity exporter for the first time in 44 years, but this was largely because of French nuclear plant maintenance.
The BBC News channel is about to answer some of your questions on today's announcement of new North Sea oil and gas licences.
You can watch by pressing the Play icon at the top of this page.
If you can't see the play button please refresh your browser or reload this page on the BBC news app.
Scotland missed out on previous funding round
Kevin Keane
BBC Scotland environment correspondent
The Acorn
project in St Fergus missed out - quite controversially - on track one of
funding for this back in 2021.
Instead
it went to two projects in the north of England.
That was
controversial because there had been heavy hints placed that the Scottish
project would form part of that. It was one of the most advanced projects in
the UK, if not the most advanced, and then suddenly it was dropped.
The
accusation was that the government was favouring red wall constituencies
following its success at the last general election.
But it
was always the case that this would be a sequencing of events.
Between
the projects announced in 2021 and today, 10 mega tonnes of carbon dioxide will
be captured and stored by 2030, the UK government says.
That
includes emissions from Mossmorran, from Grangemouth, from a new power station
to be built at Peterhead and, potentially, from direct air capture.
It
effectively sucks carbon dioxide out of the atmosphere and also stores it.
Sunak: 'This is new tech that Britain can lead the world in'
PoolCopyright: Pool
Rishi Sunak is now in Aberdeenshire explaining the oil and gas project in the north east of Scotland.
He says Scotland will be "leading the world" with new carbon capture storage technology and that it will "speed our way towards net zero" and is "entirely consistent" with the plan.
Sunak says the approach is also "better for the economy and jobs".
He's asked if the approach will extend issues with the fossil fuel industry.
Sunak explains that when it comes to our energy security "25% of our energy will come from oil and gas" even in 2050.
"If we are going to need it, better to have it here at home than shipping it across the world which will require further CO2 emissions," he adds.
Sunak also emphasises: "It's exciting news for the Acorn cluster for businesses to come together and talk to government about how they plan to deliver carbon capture. Scotland is well placed to lead the world in the technology.
"I feel very optimistic about the future."
'How do we replace oil?' 5 Live listeners react to licence announcement
More now from some 5 Live listeners, who have been speaking with presenter Nicky Campbell, following the government's announcement of at least 100 production licences for the North Sea.
Gill in Launceston, Cornwall says there is no replacement for a lot of things that run on oil.
“What do we do to replace these items, these companies, these things that are so necessary?” she asks.
Gill says she understands and supports the message to “clean the Earth up," but she doesn’t agree with activists who "attack the little man in the street and not the people who run these companies".
“We, as a country, are the dot in the ocean - when you've got China digging more coal mines and Germany building more furnaces,” she believes.
'Gas risks tens of billions of pounds of debt for UK' - climate campaigner
We tuned into Nicky Campbell 's Radio 5 Live program and heard from Tessa Khan, who is the director of climate campaign group Uplift.
Khan says gas reliance puts the UK in debt, whereas MP Craig Mackinlay claims we cannot solely rely on renewable resources.
"Our ongoing dependence on gas risks adding tens of billions of pounds of debt to the UK government's budget sheet" says Tessa, explaining that this is due to the "volatility of gas".
Craig comes back to say there's no direct answer for affordable energy resources because the UK needs "a storage", he adds "what happens when the wind and sun doesn't show" for renewable resources.
Video content
Video caption: Uplift's Tessa Khan and MP Craig Mackinlay discuss the merits of renewable energy.Uplift's Tessa Khan and MP Craig Mackinlay discuss the merits of renewable energy.
Live Reporting
Edited by Dulcie Lee
All times stated are UK
Get involved
PA MediaCopyright: PA Media Rishi Sunak visited a Shell plant in Aberdeenshire earlierImage caption: Rishi Sunak visited a Shell plant in Aberdeenshire earlier -
Get a summary of they key points in our main story here
-
Understand what carbon capture is and how it can help fight climate change here
-
Find out more about the oil and gas licenceshere
PA MediaCopyright: PA Media 
.Copyright: . 
PA MediaCopyright: PA Media Sunak visited Aberdeen as he made the announcement about oil and gas licences this morningImage caption: Sunak visited Aberdeen as he made the announcement about oil and gas licences this morning -
Rishi Sunak confirmed at least 100 new oil and gas production licences will be issued for the North Sea
-
He said they were "entirely consistent" with the government's climate change goals, after accusations of "doubling down" on fossil fuels
-
Sunak said it would help power the UK during the transition to renewables and stop reliance on "foreign dictators" for energy
-
He also confirmed funding for the development of two new carbon capture projects - a technology which buries greenhouse gases below the seabed
-
Opposition parties and climate groups criticised the North Sea energy expansion, with Labour warning it will "drive a coach and horses through our climate commitments"
Analysis
PA MediaCopyright: PA Media Analysis
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BBCCopyright: BBC 
BBCCopyright: BBC 
PoolCopyright: Pool Video caption: Uplift's Tessa Khan and MP Craig Mackinlay discuss the merits of renewable energy.Uplift's Tessa Khan and MP Craig Mackinlay discuss the merits of renewable energy.
Latest PostWhat happened today?
We're wrapping up our live coverage, so let's recap the day.
Speaking from Aberdeenshire, Prime Minister Rishi Sunak announced that the government would grant 100 new North Sea oil and gas licences.
Sunak defended the new licences, saying they were "entirely consistent" with government climate commitments.
But critics say today's plans show the government is not serious about tackling climate change. Shadow climate change secretary Ed Miliband said Sunak's "weak and confused policy... will do nothing for our energy security, and drive a coach and horses through our climate commitments".
Sunak also announced support for a carbon capture project, which will trap planet-warming CO2 emissions and bury them under the sea in north east Scotland.
We're ending our live coverage but you can:
Today's live page was written by Andre Rhoden-Paul, Anna Boyd, Emily McGarvey, Gem O'Reilly, Charlene Anne Rodrigues, Jacqueline Howard, Sean Seddon and Malu Cursino. It was edited by James Harness, Victoria Lindrea, Jamie Whitehead and Dulcie Lee.
BBC Verify
Mark Poynting, climate and environment researcher
Is it true that the UK decarbonised faster than any other G7 country?
In this morning's BBC Scotland interview, Rishi Sunak claimed the UK has “decarbonised faster than any other G7 country.”
The G7 (Group of Seven) is an organisation of the world's seven largest so-called "advanced" economies, which includes the UK.
It is true the UK has decarbonised faster when comparing cuts to greenhouse gas emissions since 1990.
UK emissions have fallen by 48.7% up to the end of 2022, according to government data.
This figure refers to greenhouse gas emissions within the UK, in line with international standards. It doesn’t account for the UK’s total carbon footprint, which includes emissions related to the manufacture of products that the UK imports from abroad, for example.
Germany is in second place among the G7, having cut its emissions by 40.4% since 1990.
However, since a key international climate agreement, called the Paris Agreement, was signed at the end of 2015, Germany has reduced its emissions at a faster rate compared with the UK.
Under the Paris Agreement nearly 200 countries agreed to try to limit average global temperature rises to 1.5C, which would stave off some of the worst effects of climate change.
Sunak will go on holiday by plane, says No 10 after flight criticism
The PM's jet usage was under spotlight again today, as he flew to Aberdeenshire, in Scotland, to announce the government's 100 new oil and gas licences, alongside carbon capture plans.
Taking a flight made sense, he said, “because it’s an efficient use of time for the person running the country”.
Critics accused him of hypocrisy after his flight today, given his pledges to curb carbon emissions.
According to Downing Street, Prime Minister Rishi Sunak will be going on an overseas holiday with his family this Thursday. It'll be the first family holiday in four years, his spokesperson told reporters.
No 10 confirmed Sunak and his family will be flying rather than getting a train.
What impact can carbon capture have?
Douglas Fraser
Scotland business & economy editor
Of all the ways of reducing carbon emissions, the cheapest way is simple: don't burn oil and gas.
So lower the thermostat and improve insulation. Carbon capture and storage has been at the other end of the spectrum (if you need a recap of what it is, check our previous post).
Although the industry hopes to bring down the cost of capture from £80 to £100 per tonne, it aims to reduce that to below £40. But in doing so, it's a highly industrial answer to the challenge.
The opposition to it is not the concept, but mistrust of industry motives - it provides a means for the oil and gas industry to keep drilling.
But it's not just the industry with that need. If it works at scale, it can allow generators to continue making electricity from gas, oil and even coal.
It allows petro-chemicals and refining to continue, while mitigating emissions.
While the technology is proven, it is only at a small scale. Only around 40m tonnes of carbon are sequestered each year. The aim is to get to 8bn tonnes by 2050.
What is carbon capture and storage?
You'll have heard this phrase a lot today, as Rishi Sunak announced more funding for carbon capture projects. So let's have a quick rundown of what it is.
Firstly, burning fossil fuels like oil, gas and coal to generate electricity emits CO2, which is the main driver of climate change.
The carbon capture process stops most of the CO2 produced from being released, and either re-uses it or stores it underground.
The government says the North Sea is an ideal place to store CO2 - it has plenty of old empty oil and gas reservoirs, and also permeable rocks known as saline aquifers.
Take a look at how the process works below:
Wait, what's this all about again?
If you're coming to this fresh and are in a bit of a daze, don't worry, let's get you up to speed in 100 words:
BBC Verify
Mark Poynting, climate and environment researcher
Is the UK meeting its climate targets?
Speaking to BBC Scotland this morning, Rishi Sunak said “we [the UK] have met every single carbon budget target we’ve set ourselves”.
The “carbon budget” refers to the cap on the amount of greenhouse gases emitted in the UK. It is set by the government’s independent climate advisers, the Climate Change Committee, over five-year periods.
The current budget is the fourth and it runs between 2023 and 2027.
The PM is correct that the UK met all three previous carbon budgets, using provisional data for the third carbon budget. The Climate Change Committee said in June that it was more confident than a year ago that the UK would meet its fourth budget.
However, they also warned that it was now “markedly less confident” than a year ago that the government would meet its fifth and sixth budgets – highlighting a lack of urgency to deliver on its ambitious commitments in the medium-term.
Each carbon budget is considered an important stepping stone to the government’s 2050 goal to stop adding to the total amount of greenhouse gases into the atmosphere, known as net zero.
The Climate Change Committee also said the expansion of fossil fuel production would not be “in line with net zero”.
Despite this, the government says it is still committed to the targets.
You can read more about the government’s net zero target here.
Four in ten support ban on new North Sea developments - poll
How do people feel about new oil and gas developments in the North Sea?
We can get a clue from a YouGov poll from May, which found that 40% of respondents would support a ban on new North Sea developments.
On the other hand, 32% of people opposed a ban.
And, perhaps showing how complex this issue is, a whopping 29% of people didn't know how they felt.
Sunak hopes to draw clear line on green issues
James Cook
Scotland editor
The prime minister hopes to drive a green wedge between his party on the one hand and Labour, the SNP, the Liberal Democrats and the Greens on the other.
But his approach comes with big risks. Environmental campaigners argue that Sunak is making a huge mistake — morally, practically and electorally.
Alex Armitage, a Scottish Green Party councillor in Shetland says oil and gas is a "sunset industry" and the controversial oil field Rosebank will not improve the UK’s energy security or bring down bills.
This month’s wildfires in Greece show that continuing to extract oil from the North Sea and North Atlantic would be madness, he adds.
Climate change and its impact looks certain to become a central issue when the UK goes to the polls sometime in the next 18 months.
Carbon capture projects won't make up for oil and gas licences
Justin Rowlatt
Climate editor
Will the carbon capture and storage projects announced today help deal with the emissions from the hundreds of new licences for oil and gas the government plans to issue?
The simple answer is no.
Carbon capture and storage is an emerging industry. There are only about 40 commercial operations globally, according to the International Energy Agency.
The investment the government has announced today - and for two other projects in England earlier this year - is designed to kickstart the industry in the UK.
It will be many years before it is capable of trapping planet-warming carbon dioxide on a large scale.
And there are questions about how it will be funded in the future.
Capturing and storing CO2 represents a significant additional cost. Why would businesses incur it unless the government obliges them to?
Oil and gas production in the North Sea is falling - why?
Mark Poynting
Climate and environment researcher
The amount of UK oil and gas extracted from the North Sea has been steadily falling in recent years.
In 2000, North Sea oil and gas production was nearly 250 million tonnes of oil equivalent (Mtoe), according to the North Sea Transition Authority - the UK oil and gas body.
Ten years later this had almost halved to nearly 125 Mtoe. In 2022, oil and gas production was less than 80 Mtoe and is forecast to continue to decline in the coming years.
So what’s behind the fall?
It’s largely because oil and gas supplies in the North Sea are dwindling, making it harder and more costly to extract new oil and gas.
At the same time, demand for oil and gas is expected to fall sharply – for example as heating and transport become electric.
If the UK meets its net-zero targets - which would mean the UK would not be adding to the total amount of greenhouse gases in the atmosphere - then demand will be around a quarter of its current level by 2050.
That’s according to the government’s independent advisers, the Climate Change Committee.
In fact, even without any new oil and gas projects, the UK would have to import half as much oil and gas in 2050 compared with today if it reaches net zero.
For these reasons, the best way to lower bills for customers and boost energy security would be to cut fossil fuel use and invest in renewables, according to the CCC and the environmental think tanks Green Alliance and the Energy and Climate Intelligence Unit.
Sunak wary of rapid transition to renewables
James Cook
Scotland editor
The prime minister knows he is facing an uphill battle to retain power at the next general election.
But the result of this month’s Uxbridge by-election in London has given him some hope.
The Conservatives’ narrow victory there was attributed to anger about Labour’s plans to tax polluting vehicles under a scheme called Ulez.
The lesson Rishi Sunak appears to have drawn is that a rapid and disruptive transition from oil and gas to renewable energy could be a vote loser.
Some 600 miles from Uxbridge, that stance resonates with Arlene Robertson, one of many Shetland islanders to benefit from the 1970s oil boom.
The UK, she argues, is nowhere near ready to stop producing hydrocarbons.
“Shutting down oil and trying to import it from places like Russia doesn't make much sense to me," she says.
Robertson thinks the controversial Rosebank oil field off the coast of Shetland, one of the largest untapped reserves in UK waters, should be drilled.
It is currently awaiting regulatory approval but Sunak’s intervention is a strong signal that he expects it to go ahead.
The race for North Sea carbon storage
Sean Seddon
Journalist
It isn't just the UK looking at North Sea carbon storage to meet emission targets.
Prof Stuart Haszeldine, from the University of Edinburgh, told the BBC earlier how Equinor, a Norwegian company, has been implementing carbon capture since 1996.
Norway has dubbed its wider carbon capture strategy Longship and wants to turn the importing of liquified CO2 from around Europe into a fully-fledged industry.
Funding has been approved for a venture which will see carbon trapped at industrial sites on the mainland transported by ship and stored 2,600m (8530ft) below the sea.
Denmark issued its first carbon capture licences earlier this year, Reuters reported. Three companies - including British firm Ineos - are aiming to store eight million tonnes per year by 2030.
The Netherlands has plans to ship industrial carbon from Rotterdam to offshore sites, while an agreement is in place between firms in Germany and Belgium to create a pipe network for liquified CO2 bound for the North Sea.
A threat to UK's position as global climate leader?
Justin Rowlatt
BBC Climate editor
Prime Minister Rishi Sunak's announcement on North Sea oil and gas licences threatens the government’s ability to lead on climate internationally, say some senior Tories.
Sunak urged world leaders to act quickly on climate when he spoke at the UN Climate Conference in Sharm El-Sheikh in Egypt last year.
"Putin's abhorrent war in Ukraine, and rising energy prices across the world are not a reason to go slow on climate change. They are a reason to act faster," he said.
But the hundreds of new oil and gas licences he said his government plans to issue are likely to make influencing other nations on the climate agenda harder.
The government’s climate watchdog, the Climate Change Committee, last month warned the government is losing its leadership role on climate.
That fear has been echoed by environmentally minded Conservatives including Zac Goldsmith and Alok Sharma.
The question is why other countries would listen when the UK urges them to scale back oil and gas production if it plans to chase down its last reserves of oil and gas?
Where does the UK get its energy from?
In 2022, the UK imported about 37% of its energy.
That represents a drop from nearly 50% in the early 2010s - but the figure is still higher than in the late 1990s, when the UK was a net exporter - meaning it sent more energy abroad than it imported.
The UK imports proportionally less of its electricity - typically about 5%. In 2022 it was a net electricity exporter for the first time in 44 years, but this was largely because of French nuclear plant maintenance.
Read more here.
WATCH: Your questions answered
The BBC News channel is about to answer some of your questions on today's announcement of new North Sea oil and gas licences.
You can watch by pressing the Play icon at the top of this page.
If you can't see the play button please refresh your browser or reload this page on the BBC news app.
Scotland missed out on previous funding round
Kevin Keane
BBC Scotland environment correspondent
The Acorn project in St Fergus missed out - quite controversially - on track one of funding for this back in 2021.
Instead it went to two projects in the north of England.
That was controversial because there had been heavy hints placed that the Scottish project would form part of that. It was one of the most advanced projects in the UK, if not the most advanced, and then suddenly it was dropped.
The accusation was that the government was favouring red wall constituencies following its success at the last general election.
But it was always the case that this would be a sequencing of events.
Between the projects announced in 2021 and today, 10 mega tonnes of carbon dioxide will be captured and stored by 2030, the UK government says.
That includes emissions from Mossmorran, from Grangemouth, from a new power station to be built at Peterhead and, potentially, from direct air capture.
It effectively sucks carbon dioxide out of the atmosphere and also stores it.
Sunak: 'This is new tech that Britain can lead the world in'
Rishi Sunak is now in Aberdeenshire explaining the oil and gas project in the north east of Scotland.
He says Scotland will be "leading the world" with new carbon capture storage technology and that it will "speed our way towards net zero" and is "entirely consistent" with the plan.
Sunak says the approach is also "better for the economy and jobs".
He's asked if the approach will extend issues with the fossil fuel industry.
Sunak explains that when it comes to our energy security "25% of our energy will come from oil and gas" even in 2050.
"If we are going to need it, better to have it here at home than shipping it across the world which will require further CO2 emissions," he adds.
Sunak also emphasises: "It's exciting news for the Acorn cluster for businesses to come together and talk to government about how they plan to deliver carbon capture. Scotland is well placed to lead the world in the technology.
"I feel very optimistic about the future."
'How do we replace oil?' 5 Live listeners react to licence announcement
More now from some 5 Live listeners, who have been speaking with presenter Nicky Campbell, following the government's announcement of at least 100 production licences for the North Sea.
Gill in Launceston, Cornwall says there is no replacement for a lot of things that run on oil.
“What do we do to replace these items, these companies, these things that are so necessary?” she asks.
Gill says she understands and supports the message to “clean the Earth up," but she doesn’t agree with activists who "attack the little man in the street and not the people who run these companies".
“We, as a country, are the dot in the ocean - when you've got China digging more coal mines and Germany building more furnaces,” she believes.
'Gas risks tens of billions of pounds of debt for UK' - climate campaigner
We tuned into Nicky Campbell 's Radio 5 Live program and heard from Tessa Khan, who is the director of climate campaign group Uplift.
Khan says gas reliance puts the UK in debt, whereas MP Craig Mackinlay claims we cannot solely rely on renewable resources.
"Our ongoing dependence on gas risks adding tens of billions of pounds of debt to the UK government's budget sheet" says Tessa, explaining that this is due to the "volatility of gas".
Craig comes back to say there's no direct answer for affordable energy resources because the UK needs "a storage", he adds "what happens when the wind and sun doesn't show" for renewable resources.
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