D
enmark has committed to ending all offshore gas and oil activities by 2050 – and has even cancelled its latest licensing round for drilling companies.
The country has declared that it is “putting an end to the fossil era” and will instead focus on wind power and other renewable energy sources.
The Danish parliament voted to end the North Sea gas and oil extraction that started in 1972 and made it the largest producer in the European Union. Non EU-members Norway and Britain are larger producers.
Denmark will this year pump just over 100,000 barrels of crude oil and oil equivalents a day, according to government estimates.
