Can the Granite city diversify into non-fossil fuel industries in time to avoid the fate of UK coal-mining areas?
The oil companies know it. The car dealers selling top of the range Porsches get it, as do the hoteliers and the restaurateurs. Change is coming to Aberdeen: the UK centre of North Sea fossil fuel production since the 1970s is trying to avoid becoming the city of stranded assets.
The Granite city became Scotland’s boom town almost by accident. It was Dundee down the coast that was originally identified as a probable hub for offshore production when exploratory work established large reserves of oil and gas under the continental shelf.
Continue reading...from The Guardian https://ift.tt/3nIScDL
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