Britain approves controversial new North Sea oil field despite climate concerns
- UK regulators have approved the development of Rosebank, the country's largest untapped oil field.
- The operators expect Rosebank to produce around 300 million barrels of oil and create thousands of jobs.
- Environmentalists criticize the decision as undermining climate goals and "morally obscene."
- The government defends the approval as strengthening energy security during the transition to renewables.
- Production at the $3.8 billion project is slated to begin between 2026-2027.