Controversial Approval: UK's Largest Untapped Oil Field to be Developed Despite Environmental Concerns

British regulators have approved the development of the controversial Rosebank oil field in the North Sea, despite environmental concerns. Equinor and Ithaca Energy have been given permission to proceed with the project, which is estimated to create £8.1 billion of direct investment and has the potential to recover over 300 million barrels of oil. Activists argue that burning Rosebank's oil and gas would produce over 200 million metric tons of CO2, and have pledged to pressure the UK to reverse the decision. Critics argue that the approval contradicts the country's commitment to decarbonization and transitioning away from fossil fuels.