-
Kenya's economy faces climate change risks: World Bank
-
World stocks mostly slide, consolidating Fed-fuelled gains
-
Crypto firm Tether bids for Juventus, is quickly rebuffed
-
UK's king shares 'good news' that cancer treatment will be reduced in 2026
-
Can Venezuela survive US targeting its oil tankers?
-
Salah admired from afar in his Egypt home village as club tensions swirl
-
World stocks retrench, consolidating Fed-fuelled gains
-
Iran frees child bride sentenced to death over husband's killing: activists
-
World stocks consolidate Fed-fuelled gains
-
France updates net-zero plan, with fossil fuel phaseout
-
Stocks rally in wake of Fed rate cut
-
EU agrees recycled plastic targets for cars
-
British porn star to be deported from Bali after small fine
-
British porn star fined, faces imminent Bali deportation
-
Spain opens doors to descendants of Franco-era exiles
-
Indonesia floods were 'extinction level' for rare orangutans
-
Thai teacher finds 'peace amidst chaos' painting bunker murals
-
Japan bear victim's watch shows last movements
-
South Korea exam chief quits over complaints of too-hard tests
-
French indie 'Clair Obscur' dominates Game Awards
-
South Korea exam chief resigns after tests dubbed too hard
-
Asian markets track Wall St record after Fed cut
-
Laughing about science more important than ever: Ig Nobel founder
-
Vaccines do not cause autism: WHO
-
Crypto mogul Do Kwon sentenced to 15 years for fraud: US media
-
'In her prime': Rare blooming of palm trees in Rio
-
Make your own Mickey Mouse clip - Disney embraces AI
-
OpenAI beefs up GPT models in AI race with Google
-
Dark, wet, choppy: Machado's secret sea escape from Venezuela
-
Cyclone causes blackout, flight chaos in Brazil's Sao Paulo
-
2024 Eurovision winner Nemo returns trophy over Israel's participation
-
US bringing seized tanker to port, as Venezuela war threats build
-
Make your own AI Mickey Mouse - Disney embraces new tech
-
Time magazine names 'Architects of AI' as Person of the Year
-
Floodworks on Athens 'oasis' a tough sell among locals
-
OpenAI, Disney to let fans create AI videos in landmark deal
-
German growth forecasts slashed, Merz under pressure
-
Thyssenkrupp pauses steel production at two sites citing Asian pressure
-
ECB proposes simplifying rules for banks
-
Stocks mixed as US rate cut offset by Fed outlook, Oracle earnings
-
Desert dunes beckon for Afghanistan's 4x4 fans
-
Breakout star: teenage B-girl on mission to show China is cool
-
Chocolate prices high before Christmas despite cocoa fall
-
Austria set to vote on headscarf ban in schools
-
Asian traders cheer US rate cut but gains tempered by outlook
-
AI's $400 bn problem: Are chips getting old too fast?
-
Oracle shares dive as revenue misses forecasts
-
US stocks rise, dollar retreats as Fed tone less hawkish than feared
-
Divided US Fed makes third straight rate cut, signals higher bar ahead
-
Machado to come out of hiding after missing Nobel ceremony
UK oil capital tackles the energy transition... up to a point
In Aberdeen, northeast Scotland, offshore wind turbines, the extension to the city's port, and hydrogen buses are clear evidence of the move to green energy.
But old habits die hard in the Granite City, which was built on the back of profits of oil and gas piped from the often turbulent waters off its shores.
Mention the energy transition and the response is of a "renewables boom", never a decline in the drilling for hydrocarbons.
That looks likely to be the case for as long as oil and gas remains in the ageing North Sea fields.
Just a few months ago, the UK, which wants to become carbon neutral by 2050, hosted the world at the UN climate change conference COP26 in Glasgow.
Prime Minister Boris Johnson promised to make the country the "Saudi Arabia" of wind power.
The price of energy has since taken off, especially after Russia's invasion of Ukraine, sending bills soaring and leaving many householders struggling to make ends meet.
Disruptions in the delivery of Russian gas to places such as Poland and Bulgaria have also seen the security of energy supplies become a top priority.
Downing Street has published a new strategy which continues to advocate the development of renewable energies.
But it also calls for investment in North Sea oil and gas.
- Security -
Deirdre Michie, chief executive of lobby group Offshore Energies UK, said the move was welcome and a "positive reinforcement" of the role the sector plays in both energy security and the energy transition.
"Even before the energy strategy we absolutely believed that security of energy supply and the energy transition go hand in hand," she told AFP.
John Underhill, a professor in geoscience and energy transition at the University of Aberdeen, is in no doubt there has been a revival of interest in oil and gas -- even in fields considered "sub-commercial".
The Cambo oil field, off Shetland in Scotland's far north, now looks set to be developed, despite fierce opposition from environmentalists which caused Shell to pull out and work to be suspended.
Underhill said people have started to think about where the energy comes from, and about "the role oil and gas plays in the UK and the wider community."
In Aberdeen, local officials are in lockstep with industry.
Jenny Laing, who stepped down as leader of Aberdeen City Council last week, said: "With the local authorities in the last 10 years we've invested heavily in renewable energy sources...
"But we do that in tandem with making sure we're supporting the oil and gas sector. We realise people will be relying on fossil fuel for a number of years to come."
For Laing, and for Michie, geopolitical unpredictability means it's better to rely on oil and gas brought up from beneath British waters than more polluting energy from Russia or elsewhere.
- Expediency -
For Aberdeen and the surrounding area, economic expediency trumps everything.
Most locals either work in the industry or know someone who does.
Britons have abiding memories of the devastating impact of Margaret Thatcher's abrupt closure of coal mines and steel plants in the 1980s.
And while the price of crude has spiralled to more than $100 a barrel since Russia's invasion, Aberdeen and its environs are still recovering from 2014 when prices went the other way, plunging below $50.
Investment in renewables is therefore encouraged but not at the expense of scaring away the oil giants, mainly because they have the capital necessary to finance the energy transition.
"In Aberdeen we've had a very buoyant economy due to the oil and gas sector," said Laing. "We want to make sure that we protect jobs and our local economy."
Many also want the energy transition to be an opportunity to create a more level playing field.
Scott Herrett, who works as a "just transition organiser" at Friends of the Earth Scotland, said: "We have vast wealth which gets generated offshore in the North Sea here in Aberdeen and the northeast of Scotland.
"But we still have mass inequality in the city."
Scientists from the UN Intergovernmental Panel on Climate Change in April warned that humans have only three years to radically transform the world economy, weaning it off fossil fuels to avoid catastrophic warming of the planet.
Aberdeen is trying to diversify, focussing on health, tourism and life sciences -- but it's not ready yet to do so without the money oil brings.
O.Hansen--CPN