UK rules out windfall tax on North Sea oil firms to help fund energy bills - The Guardian


3/29/2022 12:00:00 AM3 years 11 months ago
by Rob Davies, Mark Sweney

Kwasi Kwarteng pledges to turbo-charge investment in solar and wind power amid new energy security plan

The business secretary has effectively ruled out a windfall tax on North Sea oil firms to fund discounted energy bills but promised much greater investment in solar panels, wind and nuclear to reduce… [+4370 chars]

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