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Intelligence Squared

Tides of Transformation: Regulating Oil

Intelligence Squared

Intelligence Squared

News, Society & Culture, Arts, News Commentary

4.21.2K Ratings

🗓️ 10 November 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

The Government has introduced new legislation requiring annual rounds of oil and gas licensing in the North Sea. What is the relationship between licensing policy and the energy transition?  In the third instalment of the new podcast series from Intelligence Squared, Tides of Transformation: An Oil Story, produced in partnership with the Fraying Ties? project, Gavin Bridge from Durham University and Gisa Weszkalnys from the London School of Economics are joined by Andy Samuel, the former Chief Executive of the North Sea Transition Authority, and Catherine Howarth, the CEO of ShareAction for a conversation about licensing and regulation in the oil sector – how policy has evolved, and where it’s going wrong.  Other contributors include former Chair of the Climate Change Committee Lord Deben; co-founder of Extinction Rebellion Gail Bradbrook; and, Head of Oil, Gas and Mining at Carbon Tracker Initiative Mike Coffin.  –  This episode was recorded on September 26 2023, the day before the regulator gave approval to the Norwegian energy giant Equinor to develop Rosebank, the largest untapped oil field in the UK. The implications of, and response to, this decision are discussed further in Episode 4 of Tides of Transformation. Just search ‘Tides of Transformation’ wherever you get your podcasts.  –  For more information about Tides of Transformation: An Oil Story, please visit:  https://www.intelligencesquared.com/tides-of-transformation/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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1:01.1

Hello and welcome to Intelligence Squared where great minds meet. I'm Senior Producers

1:05.6

Conner Boyle. Today on the podcast we have the third episode of Tides of Transformation

1:10.5

and Oil Story, a new podcast from Intelligence Squared.

1:13.8

Our host is physicist and broadcaster Helen Chersky,

1:17.0

and in this episode we're looking at how oil is regulated.

1:19.8

What is an oil license and who determines whether oil drilling projects like the ones

1:24.4

recently approved at Rosebank the largest untapped oil field in the UK are given the go ahead

1:29.7

here's Helen with more. The area of London around Lincoln's Innfields has been the home of England's

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