Home » Legal developments » National legislation » Great Britain: agreement signed with oil and gas companies to achieve carbon neutrality by 2050 Great Britain: agreement signed with oil and gas companies to achieve carbon neutrality by 2050 On 24 March the UK government announced the implementation of another of its sector deal agreements called the ‘North Sea Transition Deal,’ the goal of which is to safeguard North Sea oil and gas jobs while the U.K. tries to achieve its target of carbon neutrality by 2050. ‘High-skilled oil and gas workers and the supply chain will not be left behind in transition to a low carbon future,’ the government promised. Through . Published on 24 March 2021 à 16h10 - Update on 06 April 2021 à 16h31 Resources More specifically, the government estimates that 40,000 jobs will be protected by this agreement that commits to ensuring optimal use of the sector’s capacities as well as investing in new technologies such as hydrogen production, carbon capture, utilization and storage, and offshore wind turbines so that employees and companies can regenerate and invest in greener energies.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageEmailThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels