Supporting consumers through this crisis is essential – but damaging the UK energy industry with new taxes is no way to do it, warns Offshore Energies UK
The new taxes imposed on the UK’s offshore oil and gas operators are a backward step by a government which, just weeks ago, pledged to build a greener and more energy-independent nation, Offshore Energies UK said today. The Energy Profits Levy, announced today, will discourage UK offshore energy investments, meaning declines in oil and gas exploration […]