New North Sea oil licences a ‘Win-win-win’
IEA research featured in The Telegraph
IEA research featured in The Mail, The Express, and GB News
Andy Mayer writes for CapX
“The enthusiasm with which companies like Shell have snapped up the new licenses is surely a riposte to worries that the 75% windfall tax on energy companies would undermine investment. The diversification of supply will reduce our dependency on imports, improve our energy security, and create revenue for the Treasury, which in turn can be used for purposes like investment in a lower carbon future. Win-win-win.”
Read Andy’s full piece here.