EnergyWatch

British wind organization criticizes windfall tax as sector impacted more than oil

RenewableUK is unhappy that new windfall taxes are higher on wind energy than oil and gas, and that investments in new fossil fuel projects can be deducted, while wind investments cannot.

Photo: PR / ABB

The UK government is searching high and low for savings and new income sources to close a GBP 55bn hole in the state budget.

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