Rachel Reeves should scrap the North Sea windfall tax now

via theguardian.com

Short excerpt below. Read at the original source.

The UK should optimise North Sea oil and gas production while it transfers to renewables and nuclear developments The chancellor’s failure to reform or remove the energy profits levy (EPL) – aka the North Sea windfall tax – in her spring forecast was a case of “political expediency and more to do with putting one […]

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