Carbon price freeze could mean comeback for coal
The announcement that the total UK carbon price will remain at its current level could signal a resurgence of coal, according to Aurora Energy Research.
The announcement that the total UK carbon price will remain at its current level could signal a resurgence of coal, according to Aurora Energy Research.
Buoyed by Chancellor Philip Hammond's Budget announcement concerning North Sea tax reform, Jamie Stark, partner at Burness Paul, released a call to arms to operators within the north-east.
Scottish Green co-convener Patrick Harvie last night announced his dissatisfaction with Chancellor Philip Hammond's Budget decision to reform the North Sea tax system.
Bob Ruddiman, head of oil and gas at legal firm Pinsent Masons, has welcomed Chancellor Philip Hammond’s Budget tax reform on Transferable Tax Histories for North Sea oil and gas operators.
WWF Scotland and Friends of the Earth Scotland (FoES) have hit out at the lack of provision within today’s Budget for green investment or climate concerns.
Energy Voice is here to take you through the Chancellor of the Exchequer’s spring budget. Keep checking back for updates, live analysis, the best of the tweets and more as it happens. Our guest editor, oil and gas taxation specialist Derek Leith will also be live tweeting the budget as it happens here.
Although there are encouraging signs that confidence is beginning to return to the oil and gas industry, the UK Government must do more to ensure its recovery.