Windfall Tax Reforms Crucial for North Sea Oil Industry ...Middle East

Economy by : (OILPRICE) -
The UK Government should avoid accelerating the decline of North Sea oil and gas production through policies, as job losses amid the decline in Scotland’s oil and gas industry currently exceed jobs created by clean energy, the UK Parliament’s Scottish Affairs Committee said in a new report on Friday.  The report, which is the first part of the committee’s inquiry into GB Energy and the net zero transition, warns that until clean energy jobs can be created at the scale needed to match current oil and gas job losses, the UK…

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