North Sea oil and gas jobs are set to plummet by over 100,000 by 2050 — an 80% drop — as the government halts new licenses and imposes a windfall tax. From 136,000 today, the sector could shrink to just 24,000, with each direct job loss triggering four more in the supply chain. The crisis sparks fierce debate: some politicians push for billions to import gas, while others advocate for drilling at sites like Rosebank and Jackdaw to create jobs and revenue. Yet, within the party, voices call for faster Net Zero action, while Scotland fights to protect the industry. Conservatives blast the current path as “economic insanity,” warning of higher emissions from imports, while officials insist oil and gas will remain vital during the energy transition — a complex balancing act between environment, economy, and livelihoods.
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