The UK government has lost over £250 billion in 13 years by giving generous tax breaks to North Sea oil companies, according to an expert report.
Ten oil companies are planning to invest £6.8 billion in six major new projects in the North Sea in breach of international targets to cut climate pollution.
Energy, fishing and other industries that profit from the sea would have to pay to help save marine wildlife under a scheme being put forward by environmentalists.
New fossil fuel developments planned across Scotland will lock the country into polluting the climate for decades and help “fry the planet”, campaigners are warning.
Scotland must “rapidly” shut down its North Sea oil and gas industry to cut pollution and combat climate change, according to a new report from scientists.
Scottish local authorities are investing £1.7 billion in 52 fossil fuel companies blamed for causing climate chaos.