Life on the Edge of Oil

Seriously... - A podcast by BBC Radio 4

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Situated 75-miles off the west coast of Shetland, the future of Cambo, a prospective new oil field in the North Sea, has big implications for Shetland. Cambo has become emblematic of the debate about fossil fuels. In 2001, an oil exploration license for the site was granted. In 2021, when public sentiment towards fossil fuels cooled, the project was shelved. But now, Cambo is being reconsidered once again... The war in Ukraine and fears over energy security have changed how we feel about oil and gas. But what's the problem that Cambo is providing a solution to? Will it give us better energy security? Will it enrich the lives of local people? Turns out, the answer is more complex than that... Shetland has directly benefitted from its relationship with North Sea oil. Unlike in the rest of the UK, the local council established something akin to a sovereign wealth fund. They made a proceed from every barrel of oil processed at Sullum Voe Oil Terminal. It's really positively impacted the local population, and as the cost of living crisis bites, the chance of a renewed boost to the local economy is hard to entirely reject, even in the face of growing environmental awareness. In this one-off doc, journalist Jen Stout assesses how the potential end of oil looks from Shetland's perspective. With contributions from historian Ewan Gibbs, energy researcher Miriam Brett, environmental lawyer Tessa Khan, energy transition expert Daniel Gear, former oil worker and councillor Billy Fox, and energy and climate change researcher James Price. Producer: Victoria McArthur Presenting and production: Jen Stout Research: Emily Esson Sound mix: Sean Mullervy Senior Producer: Peter McManus

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