Thread by @tessakhan

I know I've already said it, but this is genuinely HUGE NEWS and shows that the writing is on the wall for new oil and gas developments in the UK, starting with #Cambo. These developments can't be defended on climate OR economic grounds.

THREAD 🧵⬇️

https://twitter.com/tessakhan/status/1466476496382578697

There's no room for new oil and gas developments in a liveable climate and a world where we limit warming to 1.5°C. The science couldn't be clearer. The International Energy Agency has said it, the UN has said it, @PriceofOil and others have been saying it for years.

The economics of these projects are also hopeless. The vast majority of oil and gas reserves will be stranded assets in a 1.5°C world. @CarbonBubble and others have put that beyond doubt.

Govts and oil & gas companies will--and are being--held accountable by people all over the world who know exactly who is to blame for the climate crisis and the unavoidable implication of all those promises to preserve our climate: we have to keep fossil fuels in the ground.

And countries like the UK--who are one of the biggest historical emitters of greenhouse gases, who have the resources to shift away from oil & gas, and who owe a huge climate debt to the rest of the world--have to move first.

This Government has failed to heed that and is now the last one in the room--after the scientists, after the experts, after the tens of thousands of people across the UK who have voiced their opposition to Cambo, and now after Shell--who thinks there's a future in oil & gas.

We need a just transition away from oil & gas production, and we need it now.
An amazing victory for our movement and for @StopCambo @FoEScot @PriceofOil @GreenpeaceUK @TippingPointorg @friends_earth @e3g @mothersriseup & so many others
#StopCambo
/END

On that note: 🎉🎉🎉🎉🎉

And just to be clear, Shell has also cited "potential delays" as a reason for pulling out. If by "delays", it means facing grassroots resistance, legal pushback, and a tonne of counter-arguments every step of the way it's right about that!