Cambo: Shell gambling with our energy bills and future, say Scottish Green Party

Oil giant Shell would be gambling with our future if it reverses its decision to pull out of the Cambo oil field, the Scottish Greens have said.

Shell is reconsidering its recent decision to pull investment from the proposed Cambo oil field near Shetland after soaring oil prices and UK Government commitments to expand oil and gas production.

Responding, Scottish Greens energy and climate spokesperson Mark Ruskell said:

“Opening the Cambo oil field makes even less sense today than it did last year. Any u-turn from Shell would be based purely on maximising its already eye-watering profits, it certainly wouldn’t help with soaring energy bills or our energy security.

“The fact is most crude oil extracted from this site would be exported so it would have little impact on energy security and a be massive blow to the transition away from fossil fuels. And if we are going to tackle Putin’s power and the impact rising energy bills are having on the cost of living, we need to reduce our reliance on oil and gas and invest in renewable energy.

“The UK Government must stop using the war in Ukraine as an excuse to abandon climate commitments. Next week’s energy supply strategy has to recognise the UN’s call that the transition to clean energy is a global security imperative, as well as being the only way we meet climate targets and secure a future.”