Government pledge to restoring North Sea welcomed
1 August 2023
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In the Media
Press Release
Tax and Fiscal Policy
19 November 2024
Andy Mayer quoted in This is Money
IEA Energy Analyst Andy Mayer has been quoted in This is Money in their article exploring the UK government’s pledge to restore North Sea oil and gas production.
This is Money quoted:
“The Government’s commitment to ‘max out’ North Sea oil and gas production is a welcome step towards energy security.
“But the announcement of licences for largely already committed projects will do little to encourage future investors frightened away by windfall taxes and the militant net zero consensus in Parliament.”
You can read the full article here.
This is Money quoted:
“The Government’s commitment to ‘max out’ North Sea oil and gas production is a welcome step towards energy security.
“But the announcement of licences for largely already committed projects will do little to encourage future investors frightened away by windfall taxes and the militant net zero consensus in Parliament.”
You can read the full article here.
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