Energy & Science

Denmark to End North Sea Oil Production in Milestone Deal

Photographer: Kristian Helgesen/Bloomberg

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Denmark, the European Union’s biggest oil producer, will stop offering new licenses in the North Sea and phase out production altogether in 2050 as it takes an historic step toward a fossil-fuel free future.

Climate and Energy Minister Dan Jorgensen told reporters in Copenhagen that he expects the decision to “resonate around the world.”