Article 6X7NV UK windfall tax can fund switch to green jobs for North Sea oil workers – report

UK windfall tax can fund switch to green jobs for North Sea oil workers – report

by
Fiona Harvey Environment editor
from Environment | The Guardian on (#6X7NV)

Exclusive: Campaigners call for energy profits levy to be made permanent to enable just transition' from fossil fuels

Making permanent the UK's windfall tax on oil and gas producers would generate enough cash to enable North Sea workers to move to green jobs, research has found.

Cutting current subsidies to fossil fuel producers would free up yet more funds to spend on the shift to a low-carbon economy, according to the report.

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