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Tessa Khan Profile
Tessa Khan

@tessakhan

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Exec Director & founder, Uplift; "provocative and not entirely without merit" according to Energy Voice, Standard disclaimers, incl. that all views are my own.

London
Joined April 2012
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@tessakhan
Tessa Khan
2 years
I was lucky enough to get invited onto the @TEDTalks stage to explain how our reliance on oil and gas is driving multiple crises, including a fuel poverty catastrophe in the UK, and how the movement against oil and gas expansion has never been stronger:
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@tessakhan
Tessa Khan
1 month
BREAKING: The UK gov't has rightly recognised that approving the Rosebank oil field without taking into account the full extent of its climate impacts was unlawful. It has conceded that argument in our & Greenpeace's legal challenge against the field. So what does that mean? 🧵
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@tessakhan
Tessa Khan
3 years
It’s (way past) time to scrutinise claims that oil from the #Cambo oil field will be used to meet domestic energy demand in the UK. In short, it is overwhelmingly likely to be exported. THREAD 🛢️🧵👇
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@tessakhan
Tessa Khan
3 years
First Shell, now BP reveals the profits it's made from soaring gas prices. BP raked in £9.5 billion in profits last year, while people in the UK are forgoing meals to heat their homes. BP says it needs all of this money to "accelerate the greening" of BP. Really? THREAD 🧵 /1
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@tessakhan
Tessa Khan
2 years
Shell just published its tax payments in 2021. Last year it made US$19.3 billion in profit driven by record gas & high oil prices that are pushing households across the UK to the brink, and its net tax payment in the UK was... NEGATIVE.
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@tessakhan
Tessa Khan
3 years
Rishi Sunak just got the analysis of the causes of the energy price crisis right (i.e. our dependency on gas) but then proposed that the solution is more support for North Sea oil and gas companies. This is deeply misjudged in so many ways. Let's count them! THREAD 🧵
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@tessakhan
Tessa Khan
2 years
Lots of headlines about BP this morning, but worth focusing on the fact that BP has dropped its 2030 goal of cutting oil & gas production from 40% to just 25%, 10% of which will come from its divestment from Rosneft. BP also decreased its 'low carbon spend' from 2021 to 2022. /1
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@tessakhan
Tessa Khan
3 years
Huge news: Scottish Energy Strategy will shift away from 'maximum economic recovery' of oil & gas, breaking w UK position. Sturgeon accepts there cant be new oil and gas fields in a safe climate. Next step must be: no to Cambo & other new fields #StopCambo
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@tessakhan
Tessa Khan
1 year
The UK government's decision to approve the Rosebank oil field today, in the middle of a cost of living & climate crisis, is a gift to oil giant @Equinor_UK and a slap in the face for the UK public & everyone who has watched floods & fires sweep the globe in despair. /1
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@tessakhan
Tessa Khan
3 years
I know I've already said it, but this is genuinely HUGE NEWS and shows that the writing is on the wall for new oil and gas developments in the UK, starting with #Cambo . These developments can't be defended on climate OR economic grounds. THREAD 🧵⬇️
@tessakhan
Tessa Khan
3 years
HUGE NEWS
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@tessakhan
Tessa Khan
2 years
Oil giant @Equinor_UK will pass 91% of the cost of developing the Rosebank oil field to the UK public amounting to an overall loss to the taxpayer: no better example of the UK govt's deeply flawed approach to our energy affordability (& climate) crises: 🧵
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@tessakhan
Tessa Khan
8 days
BREAKING: we've received permission from the Court of Session to proceed to a full hearing on ALL of the grounds of our legal challenge against the Rosebank oil field. This is a major step towards stopping this disastrous project. Here's why: 🧵
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@tessakhan
Tessa Khan
3 years
Here I am in furious agreement with *checks notes* Jeremy Kyle earlier today:
@NEON_UK
New Economy Organisers Network
3 years
Under normal circumstances there's a very good argument why we should be taxing oil & gas companies more, but given the current suffering and unbearable choices facing households with #energybills it's impossible to justify NOT tapping into those profits. @tessakhan / Uplift
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@tessakhan
Tessa Khan
3 years
A brand new blow to the case for new oil & gas extraction in the UK: The UCL team behind last year's landmark 'Unextractable Fossil Fuels' paper has concluded that the development of new oil and gas fields and licences in the UK is incompatible with the Paris Agreement /1
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@tessakhan
Tessa Khan
5 years
Absolutely historic day for #climatejustice . Supreme Court confirms that human rights obligations of Dutch government require it to significant & urgently reduce emissions. No further opportunity for appeal. Climate justice is a legal and moral obligation.
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@tessakhan
Tessa Khan
8 months
A court in Norway, a major oil & gas producer, just invalidated multiple drilling permits on the grounds that climate impacts weren't fully considered. The same assessment process is at the heart of multiple cases in front of UK courts. My thoughts here:
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@tessakhan
Tessa Khan
10 months
Today those notorious eco-zealots the International Energy Agency have published another report on how irreconcilable expansion of oil and gas exploration and production is with staying within 1.5°C. 🧵on how this squares with what's happening in the UK
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@tessakhan
Tessa Khan
4 years
Absolutely historic. Only the second time a country's Supreme Court has held that a national climate policy isn't ambitious enough!
@climatecaseire
Climate Case Ireland
4 years
🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
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@tessakhan
Tessa Khan
2 years
This is a huge mistake. Approving the Jackdaw gas field solves absolutely nothing. Jackdaw’s gas won’t lower our bills—the Govt has conceded this. It won’t stop us from needing to import gas… /1
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@tessakhan
Tessa Khan
1 year
Hello & good morning! A lot of heat and not much light in the last 24 hours about new oil & gas licences in the UK, so let's take a closer look shall we? A 🧵 /1
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@tessakhan
Tessa Khan
2 years
Thanks to the huge subsidy the UK Govt just introduced for new oil & gas fields, Shell could get £200 million off its tax bill by opening Jackdaw. That's money that could have reduced people's energy bills further or been used to insulate our homes.
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@tessakhan
Tessa Khan
9 months
When Sunak’s oil & gas bill is debated in Parliament today, the gov't will claim new licensing is better for the climate or, as @Jeremy_Hunt put it on the weekend, “domestic oil and gas is 4 times cleaner than imported oil and gas”. Here's why that statement is patently false: 🧵
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@tessakhan
Tessa Khan
3 years
An absolutely historic decision from the Hague District Court against #Shell . Aside from the obvious headline emissions reduction order (45% by 2030 compared to 2019) there is so much to unpack in the court's reasoning. A few (personal) highlights 👇
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@tessakhan
Tessa Khan
10 months
Within days of fossil fuels taking centre stage at COP28, Uplift & Greenpeace have today filed separate legal challenges against the UK government's disastrous decision to approve the Rosebank oil field. 🧵 on the many reasons Uplift think it's unlawful:
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@tessakhan
Tessa Khan
3 months
Today's decision by the Supreme Court in the Finch case is genuinely historic. It marks a turning point towards more sensible planning-related decision-making in the UK, and crucially towards a safer climate. 🧵
@WealdActionGr
Weald Action Group
3 months
It's here! The day we have been waiting for a whole year! Talk about butterflies!! 🦋🦋 Hopefully see you outside Supreme Court 9am!
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@tessakhan
Tessa Khan
2 years
BP & Shell just announced record profits due to sky-high energy prices that are pushing people across the UK into despair. The Govt won't tax these windfall gains b/c it claims industry will invest in the public interest. Here's why that's plainly wrong:
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@tessakhan
Tessa Khan
1 year
Despite being legally required to promptly publish the reasoning behind a decision to approve an oil and gas field, all we’ve received from the government about the approval of Rosebank is…a press release. What does the government have to hide? /1
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@tessakhan
Tessa Khan
11 months
The UK government has today announced an intention to hold annual oil & gas licensing rounds, which Energy Sec @ClaireCoutinho was on the Today programme defending this AM. Let's check if the government's claims on energy security, climate, jobs & tax stand up to scrutiny: 🧵
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@tessakhan
Tessa Khan
1 year
People & institutions that agree or demonstrate new oil & gas projects are incompatible with a safe climate: a non-exhaustive list (with sources) - The International Energy Agency - The Intergovernmental Panel on Climate Change - 700 scientists - The UN Secretary-General /1
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@tessakhan
Tessa Khan
5 years
Extraordinary and desperately needed good news: Dutch Supreme Court upholds historic ruling that Dutch government is legally required to significantly reduce emissions. Unbelievably proud of brilliant colleagues @urgenda #climatecase
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@tessakhan
Tessa Khan
2 years
Need more proof that the UK Gov is beholden to the oil & gas industry? It's just announced a 1 WEEK public consultation on a deeply flawed windfall tax law that is a centrepiece of its response to a historic cost of living crisis. Here's why that's unacceptable & unlawful: /1
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@tessakhan
Tessa Khan
1 year
Here's a quick round-up of all of the eminently sensible voices--to be contrasted with pesky activists--that have recently condemned @RishiSunak 's (re)announcement of the 33rd oil & gas licensing round. Inevitably, a 🧵
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@tessakhan
Tessa Khan
3 years
Unprecedented legal challenge filed against UK government focused on the billions in ££ received by North Sea oil & gas producers. Not a great look for the govt during a climate emergency, let alone when hosting #COP26 . Learn more here: #PaidtoPollute
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@tessakhan
Tessa Khan
1 year
All the reasons that the UK government's decision to approve Rosebank is a disaster for the climate, the UK economy and the millions of households struggling with their energy bills (but great news for Equinor & Ithaca)--in 60 seconds.
@NEON_UK
New Economy Organisers Network
1 year
"7 million households unable to heat their homes last winter - this won't make a scrap of difference to that. But it does involve us giving us £3.75 billion to the oil giants. It's a disaster for the climate, economy and our energy security." @tessakhan from Uplift on Rosebank
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@tessakhan
Tessa Khan
2 years
Good morning to everyone but @MarkJCarney , UN Envoy on Climate & Finance. Carney is Chair of a company helping to drive forward development of the UK's largest undeveloped oil field, not to mention one of the worst deals the UK govt has ever considered: the Rosebank oil field. 🧵
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@tessakhan
Tessa Khan
6 years
Historic climate case against Irish gov't starts today, challenging its climate policy for violating human & const'l rights. Huge show of support for the case this weekend (incl. by Mary Robinson!) that shows people want #ClimateActionNow . Follow @climatecaseire for updates!
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@tessakhan
Tessa Khan
3 years
The PM came close to getting it right today: it's true that the UK’s not dependent on Russian gas & the best way to secure our energy is to accelerate investment in cheap, local renewables. BUT he’s wrong to suggest new North Sea licensing is part of the solution. Here’s why: /1
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@tessakhan
Tessa Khan
3 years
It doesn't matter if we're facing a cost of living crisis or a climate crisis (or both!), @bp_UK and the rest of the oil & gas industry are committed to one thing: getting rich by drilling for oil and gas. /END
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@tessakhan
Tessa Khan
2 years
Not content with an embarrassingly weak windfall tax (the Shell CEO is the latest to suggest taxing them more in a social crisis might be a good idea), the UK govt is now hell-bent on rolling over completely for the O&G industry. THREAD /1
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@tessakhan
Tessa Khan
11 months
The UK gov today announced the award of 27 new oil & gas licences--part of the 100 licences it's been talking about awarding since late last year. Oil and gas licensing will also likely feature in the King's speech next week. 🧵on why this is bad politics rather than good policy
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@tessakhan
Tessa Khan
1 year
Today the UK's Supreme Court will hear a case with major implications for the approval of new fossil fuel projects in the UK. If I was an oil & gas regulator or @grantshapps , I would pay very close attention: /1
@WealdActionGr
Weald Action Group
1 year
So here we are. The day of our Supreme Court case. The fearless @UK_Nanas are on their way to join us at our court support @ 9am.🙌Thank you! What wonderful messages of solidarity from the @stop_coal Cumbrian event with @ChrisGPackham also making an appearance. #CounttheCarbon
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@tessakhan
Tessa Khan
3 years
Contrary to the UK Government/industry spin on this decision, the High Court accepted today that the UK Government is paying billions of ££ in public money to oil & gas companies, which means that some oil and gas companies receive more in public money than they pay in tax. /1
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@tessakhan
Tessa Khan
3 years
BP has promised for years that it's ‘greening’ its operations. In reality, its investment in renewables (as a share of capital expenditure) declined from 5.6% in 2018 to 2.6% in 2019, according to the industry lobby group OGUK. /2
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@tessakhan
Tessa Khan
2 months
As long as our governments enable new oil & gas projects, they cannot claim to be acting in the public interest. Thankfully, our new govt is starting to grasp the urgency of a just transition away from fossil fuels. My thoughts in the Guardian:
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@tessakhan
Tessa Khan
3 years
Another week, another blow to the future of the Cambo oil field! More than anything else, this highlights the total failure of the UK government to get on the front foot and plan the just transition of an industry in inevitable, terminal decline.
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@tessakhan
Tessa Khan
1 month
.. and not just the emissions from extracting that oil/gas. To put it mildly, this is common sense and it is astonishing that the biggest environmental impact of oil & gas projects had been overlooked by decision-makers until the Supreme Court weighed in. /3
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@tessakhan
Tessa Khan
3 years
Hugely embarrassing news for the UK government: @IEA finds there's no room for new oil & gas extraction if we want to stay below 1.5°C, yet the UK is planning to issue new oil & gas licences AND propping up the sector through massive subsidies.
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@tessakhan
Tessa Khan
1 month
The immediate consequence of the UK govt conceding this argument in the Rosebank legal challenge is that the Scottish Court of Session is very likely to quash the decision approving Rosebank, although we're likely to have to wait a while before that's confirmed. /4
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@tessakhan
Tessa Khan
1 month
1st, it means the govt accepts that the Supreme Court ruling in Sarah Finch's case against an oil field in Surrey also applies to offshore fields. In Finch, the Court held that the GHG emissions from burning oil & gas must be considered in the environmental assessment... /2
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@tessakhan
Tessa Khan
1 month
...skills & planning towards renewable energy, local supply chains & community-driven visions of that future. We deserve so much better than massive new oil fields that bring no public benefit and only private gain. We deserve better than Rosebank. /END
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@tessakhan
Tessa Khan
1 month
This is also oil for export that will do nothing to bring down energy bills or support the UK's energy security. Once you factor in the huge tax breaks that Equinor/Ithaca will also receive, it's clear this is a project that benefits those companies and those companies alone. /8
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@tessakhan
Tessa Khan
2 years
It received $130 million in rebates in 2021 from HMRC-- $120 million more than it paid in. In Norway on the other hand, it paid $4.5 billion in tax. There is virtually no country in the world that gives a better tax deal to O&G companies than the UK. /2
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@tessakhan
Tessa Khan
1 month
If you need reminding, those emissions are massive: the same as 56 coal-fired power plants running for a year or the annual emissions of the world's 28 poorest countries. Wondering how we square that with a safe climate? /7
@tessakhan
Tessa Khan
4 months
Any serious engagement with carbon budgets for staying within 1.5C puts it beyond doubt that there is no room for any new oil and gas projects. This conclusion is rigorously established in a recent paper in Science, among others: /2
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@tessakhan
Tessa Khan
3 years
And while BP will point to recent investment in UK wind, its big prospect in the North Sea is a huge oil field, Clair South, from which it plans to extract nearly 300m barrels of oil. This isn’t oil to meet local energy demand. 80% of North Sea oil is exported. /3
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@tessakhan
Tessa Khan
1 month
To be clear, this is not the same as the government revoking a licence. It's the outcome of a legal process, triggered by the Supreme Court's decision in Finch, that has confirmed that the original decision to award the development consent for Rosebank was unlawful. /5
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@tessakhan
Tessa Khan
3 years
Not to mention that BP has just upped its shareholder distributions, announcing $4 billion of share buy-backs plus has promised to prioritise dividends--so much for needing that cash to green its operations! /4
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@tessakhan
Tessa Khan
3 years
HUGE NEWS
@AllisterMThomas
Allister Thomas
3 years
Unlikely that Siccar Point will be able to progress #Cambo without the financial might of Shell behind it. Shell, who said in Oct they are supporting it, say that the "economic case" isn't strong enough, though this could be seen as a big win for environmental campaigners
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@tessakhan
Tessa Khan
1 month
So if Equinor & Ithaca try to push Rosebank through again, the UK govt must reject it. There is an opportunity to create a safe, sustainable and prosperous future for the UK but it requires the gov't to gear our resources... /9
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@tessakhan
Tessa Khan
11 months
The King’s Speech confirms that the government’s so-called energy focus is just about its token oil and gas licensing plans. Nothing on renewables nor energy efficiency even though that would be the fastest way to cut gas imports and people’s energy bills. Genuinely tragic.
@tessakhan
Tessa Khan
11 months
The UK government has today announced an intention to hold annual oil & gas licensing rounds, which Energy Sec @ClaireCoutinho was on the Today programme defending this AM. Let's check if the government's claims on energy security, climate, jobs & tax stand up to scrutiny: 🧵
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@tessakhan
Tessa Khan
1 year
Great to see this position confirmed this morning on the BBC. It's absolutely the right thing to do for energy affordability, a safe climate and recognises where the jobs of the future lie. Looking forward to more details on jobs support in coming weeks
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@tessakhan
Tessa Khan
1 year
It's becoming clearer by the day that the Rosebank oil field is impossible to square with the UK's climate targets and ensuring energy affordability for the UK public. A short recap of our analysis that underlines all of this ⬇️ /1
@nearlblog
Nicholas Earl
1 year
Rosebank faces fresh delays, @CityAM understands. It was expected the project would be approved this parliamentary recess, which sources now say will not happen.
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@tessakhan
Tessa Khan
1 month
If Equinor & Ithaca Energy decide they still want to press ahead with developing the field, then the next step will be for them to submit a new environmental statement to the govt & regulator (the NSTA) that includes the scope 3 emissions from the field. /6
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@tessakhan
Tessa Khan
2 years
Wondering what to make of Liz Truss' announcement that she'll approve a new North Sea oil & gas licensing round when she's PM? Here's a thread on why this is yet another egregious example of the UK Govt siding with oil & gas giants over the public.
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@tessakhan
Tessa Khan
2 years
Another day, another absurd subsidy for UK oil & gas firms: companies will effectively be paid by the public to build wind farms to electrify their oil & gas rigs. That's a perk you DON'T get if building a wind farm to put energy on the grid. Ridiculous.
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@tessakhan
Tessa Khan
5 years
Leaving the Dutch Supreme Court after today’s @urgenda hearing & can’t help but reflect on how amazing it is to see a country’s highest court seriously discuss the responsibility of rich countries to cut emissions to avoid climate tipping points & general env/social catastrophe
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@tessakhan
Tessa Khan
2 years
Given @UNEP has just warned we need 'urgent, system-wide transformation' to avoid climate disaster, Alok Sharma's suggestion that the UK govt stop actively incentivising oil & gas extraction & properly tax windfall profits seems pretty darn reasonable.
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@tessakhan
Tessa Khan
1 year
And if the govt was so keen to make sure we weren't reliant on gas imports, it probably shouldn't have banned onshore wind in England & rolled back support for insulation of homes: /8
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@tessakhan
Tessa Khan
2 years
Despite loopholes in the 40% target that @PriceofOil pointed out, it was celebrated at the time as evidence that the industry can be trusted to drive the energy transition. Today is an unequivocal reminder that this is an industry driven by profit & clinging to incumbency. /2
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@tessakhan
Tessa Khan
4 months
There are lots of numbers currently flying back & forth predicting a serious impact on jobs in the UK--esp in Scotland--if new oil & gas licences aren't issued. Much of this is misleading & misses what's actually needed to secure North Sea jobs for the future. A short 🧵: /1
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@tessakhan
Tessa Khan
1 year
We know what the solutions are--unblocking & supporting renewable energy projects, upgrading our energy infrastructure, insulating & electrifying our homes--yet the govt is continuing to pander to the oil & gas industry, which by the way is still making billions in profits. /END
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@tessakhan
Tessa Khan
3 years
Two huge new blows to UK’s credibility on climate and as #COP26 host. 1st, the gov’t is due to approve a massive new oil & gas project in the UK North Sea despite IEA’s clear warning that new investments in oil & gas aren’t compatible with 1.5C #StopCambo
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@tessakhan
Tessa Khan
6 years
And @urgenda wins again!! A huge victory for all of us. Governments all over the world are on notice: take the action necessary to prevent dangerous levels of climate change or expect to be held accountable in court #ClimateAction #klimaatzaak
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@tessakhan
Tessa Khan
3 years
Just to be clear, the 200+ oil & gas fields under existing licences in the UK, both in production & up for approval, contain 6+ billion barrels of oil gas and will keep production going well into the 2030s. The taps will flow for years to come even without new licences. /1
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@tessakhan
Tessa Khan
2 years
Instead of increasing tax on the industry & raising funds to support families struggling with energy bills, @RishiSunak continues to side with O&G companies. Any further concessions to those companies in the govt's new energy supply strategy will be morally indefensible. /3
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@tessakhan
Tessa Khan
1 year
Me on @BBCScotlandNews this morning responding to Labour's announcement they won't approve new oil & gas fields. It's the right way to address the energy affordability crisis & the climate crisis.
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@tessakhan
Tessa Khan
8 months
The Offshore Petroleum Licensing Bill is (back) in the UK Parliament today, so here's a quick explainer on why the Bill won’t deliver energy security or bring down our sky-high energy bills: 🧵
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@tessakhan
Tessa Khan
4 months
Unsurprisingly, this is a wilful distortion of what’s happening in New Zealand. It also does nothing to advance the case for new oil and gas licences in the North Sea. Here’s why: 🧵
@ClaireCoutinho
Claire Coutinho
4 months
Labour’s energy policy is a mess. Their proposal to ban new oil and gas licenses was tried in New Zealand. They struggled to keep the lights on and have now had to reverse it. Climate policy can’t come at the cost of our energy security or it will fail.
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@tessakhan
Tessa Khan
2 years
What's it going to take for the UK Government to have the guts to properly regulate an industry whose investment decisions are destroying the planet and keeping us hooked on energy we can't afford. Seriously. /END
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@tessakhan
Tessa Khan
4 years
Dutch gov slashing coal use & investing €3bn in cutting GHGs is a huge testament to the visionary leadership of @marjanminnesma & all my colleagues @urgenda . It’s one thing to win in court. Creating this kind of political change is a whole other ball game
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@tessakhan
Tessa Khan
2 months
Lots of consternation from oil & gas companies this week about the future of jobs in the North Sea basin & comparisons to the closure of the coal mines. But it's worth bearing a few things in mind about the nature of the challenge facing the oil & gas sector in the UK: 🧵
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@tessakhan
Tessa Khan
3 years
1/ Gas is globally traded which means that increasing domestic production won't lower our bills. Prices here are determined by demand and supply dynamics all over the region/world, and North Sea oil & gas companies will sell their product to the highest bidder.
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@tessakhan
Tessa Khan
1 year
- The governments of Vanuatu, Tuvalu, Fiji, Tonga and the Solomon Islands - The Pope - The World Health Organisation - 101 Nobel laureates. But sure Grant Shapps, it's only people throwing orange paint who oppose new oil & gas projects.
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@tessakhan
Tessa Khan
4 years
📢 Very excited that my new organisation Uplift is hiring! If you want to support a just transition away from oil & gas production in the UK, these jobs are for you! We are hiring for two senior roles. DM me with any questions!
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@tessakhan
Tessa Khan
3 years
Good morning! For those who remain unmoved by the decision yesterday against Shell because Shell can & almost certainly will appeal, I have a great story for you about how that worked out for the Dutch govt when it appealed in @urgenda 's climate case...
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@tessakhan
Tessa Khan
2 years
How much more time are governments going to waste waiting for the industry to act out of enlightened self-interest? In the UK, 3/4s of North Sea oil & gas companies invest nothing here in renewables & those that plan to will do it to power their oil rigs. /4
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@tessakhan
Tessa Khan
3 years
If everyone in the UK froze all our left-over bread it would only take 226 years to cancel out the emissions from the Cambo oil field, so get cracking folks! Alternatively, the UK government could just #StopCambo
@benrileysmith
Ben Riley-Smith
3 years
🌍 PM’s COP26 spokeswoman floats some “micro-steps” people can take to reduce environmental impact in tomorrow’s @Telegraph . - Don’t rinse before dishwashing - Freeze left-over bread - Walk don’t drive to the shops - Use recyclable shampoo containers
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@tessakhan
Tessa Khan
3 months
This morning it was reported that the UK government ordered the oil & gas regulator, the NSTA, not to issue any more licences under the last licensing round. This has subsequently been denied by the government. Quick thoughts on what this all means: 🧵 /1
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@tessakhan
Tessa Khan
3 years
E.g. in September 2021 when gas prices were soaring in the UK, North Sea oil & gas companies exported a record amount of gas to Belgium where they could get a higher price. These are private companies acting in their own short-term interest--they're not here to help UK families!
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@tessakhan
Tessa Khan
3 years
UN chief is crystal clear: the #IPCC report means an "end to all new fossil fuel exploration & production". And yet the UK govt, host of COP26, won't rule out 1.7 bn barrels worth of new oil & gas projects currently in the pipeline, starting with Cambo.
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@tessakhan
Tessa Khan
3 years
E.g. in Norway, the government receives $21 per barrel of oil, and in the UK the government receives less than $2. As a UK Court recently accepted, some oil & gas companies in the UK will pay NEGATIVE TAX over the course of their operations.
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@tessakhan
Tessa Khan
3 years
3/ So how is the industry good for the country, as Sunak claims? What about tax revenues given the eye-watering profits these companies are make? Nope, the UK is the most profitable country in the world for big oil & gas projects precisely because we tax them so little
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@tessakhan
Tessa Khan
2 years
Breaking: A UK gov't environmental regulator has just asked Equinor, proposed developer of the disastrous Rosebank oil field, some hard questions about Rosebank's climate & marine impacts, delaying any potential approval. This includes the following quite juicy paragraph: /1
Tweet media one
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@tessakhan
Tessa Khan
1 year
New research from @UCL_Energy shows that the UK's energy system could be almost entirely fossil fuel-free by 2045, limiting the country’s exposure to volatile global markets and boosting energy security. 🧵 with a summary of their findings:
@UCL_Energy
UCL Energy Institute
1 year
UK energy could be almost entirely fossil fuel free by 2045, according to a new report from UCL Energy Institute researchers James Price, @st_pye and Oliver Broad that maps pathways to energy independence.
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@tessakhan
Tessa Khan
1 year
Important piece on Norway's role in driving fossil fuel expansion, including through the disastrous proposal to develop the Rosebank oil field. Impossible for Norway to maintain that it's a climate leader as long as it holds a majority stake in @Equinor
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@tessakhan
Tessa Khan
3 years
You can't get to net zero without dramatically reducing oil and gas production, a point @RishiSunak seems to have missed. END.
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@tessakhan
Tessa Khan
3 years
There's no room for new oil and gas developments in a liveable climate and a world where we limit warming to 1.5°C. The science couldn't be clearer. The International Energy Agency has said it, the UN has said it, @PriceofOil and others have been saying it for years.
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