Article 5STB5 UK tax breaks for oil and gas under scrutiny from climate activists

UK tax breaks for oil and gas under scrutiny from climate activists

by
Isabella Kaminski
from Environment | The Guardian on (#5STB5)

High court hearing puts UK financial support for the fossil fuel industry in the spotlight

The UK government failed to account for the billions of pounds in financial support it provides to the fossil fuel industry when deciding how much oil and gas to extract from the North Sea, climate campaigners have argued.

A high court hearing that began on Wednesday has put the economics of the fossil fuel industry under the spotlight and raised questions about the compatibility of oil and gas production with a net zero goal.

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