I asked UK government why it’s spending £25 billion dismantling oil platforms – here’s the reply

  • Tom Baxter

Press/Media: Articles in 'The Conversation'

Description

As North Sea petroleum moves towards the end of its lifespan, the UK taxpayer is to spend some £25 billion in the next five years to pay nearly half the cost of removing the offshore infrastructure.

This might sound like the right thing to do, but as I have argued before, it is probably not the best use of public money. The environmental benefits of decommissioning are questionable. If we instead spent the money on, say, building more renewable energy, it would create jobs for longer and you would generate carbon-free power for your trouble. Others might not share this view – my point is it’s a debate we’re not having.

Period11 Apr 2018

Media contributions

1

Media contributions

  • TitleI asked UK government why it’s spending £25 billion dismantling oil platforms – here’s the reply
    Media name/outletThe Conversation
    Media typeWeb
    CountryUnited Kingdom
    Date11/04/18
    DescriptionAs North Sea petroleum moves towards the end of its lifespan, the UK taxpayer is to spend some £25 billion in the next five years to pay nearly half the cost of removing the offshore infrastructure.

    This might sound like the right thing to do, but as I have argued before, it is probably not the best use of public money. The environmental benefits of decommissioning are questionable. If we instead spent the money on, say, building more renewable energy, it would create jobs for longer and you would generate carbon-free power for your trouble. Others might not share this view – my point is it’s a debate we’re not having.
    Producer/AuthorTom Baxter
    URLhttps://theconversation.com/i-asked-uk-government-why-its-spending-25-billion-dismantling-oil-platforms-heres-the-reply-94786
    PersonsTom Baxter