Article 5ZDKA Windfall tax would hit renewables investment, National Grid boss says

Windfall tax would hit renewables investment, National Grid boss says

by
Alex Lawson Energy correspondent
from World news | The Guardian on (#5ZDKA)

John Pettigrew claimed a levy on oil and gas companies could derail efforts to meet climate crisis targets

The chief executive of National Grid has weighed into the row over whether to introduce a windfall tax on North Sea oil and gas producers, claiming it would hit investment in renewables and harm customers.

John Pettigrew argues a one-off levy to pay to ease the burden of bills would risk damaging Britain's attempts to cut emissions.

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