Current status: Answered by Paul Wheelhouse on 13 July 2020
To ask the Scottish Government how it will ensure that projects funded through its Energy Transition Fund reduce overall emissions from the energy sector.
The Energy Transition Fund will support a range of initiatives capitalising on the energy expertise within the North East to accelerate the delivery of a range of emissions reduction technologies.
Projects that will be supported include innovation projects led by the Oil and Gas Technology Centre’s Net Zero Solution Centre, whose goal is to accelerate the development and deployment of technologies to decarbonise offshore operations and develop the UKCS as the first net zero oil and gas basin globally.
The oil and gas sector has recently announced their aim of reducing emissions by 50% by 2030, a target that will be monitored by the Oil and Gas Authority, the industry regulator, and reported to the Scottish Government through the Oil and Gas, and Energy Transition Strategic Leadership Group.