Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Environment
Fiona Harvey Environment editor

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

Oil United Kingdom North Sea OCI Oil Change International
Fossil fuel rig in the North Sea
Fossil fuel reserves in the North Sea are rapidly dwindling, which will mean a decline in jobs in any scenario. Photograph: Igor Alexejev/Alamy

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Why Does Ice Cream Sometimes Get Gritty After It’s Been in the Freezer?
Few things are more disappointing than opening a container of ice cream expecting a creamy scoop and finding a gritty, crunchy, or sandy texture instead. It may seem as though the dessert has gone bad, especially if it was smooth when you first brought it home. However, several different changes…
Grocery Coupon Guide
Grocery Coupon Guide
Bruno Mars Fan Has Never Been Happier To Sell a Ticket After Horrible Gridlock Hits Santa Clara
A Bruno Mars fan said they were relieved to have sold their ticket after crowds and traffic delays followed the singer's concert at Levi's Stadium in Santa Clara
International Business Times UK
International Business Times UK
Kelly Clarkson doubles down over $15K bird dispute. But the NYC shop has a different story
‘So you’re not only rude, you’re also a liar,’ the singer said
The Independent UK
The Independent UK
'It's Not Really a Free Car': Oprah's Pontiac Winners Faced Tax Bills of up to $7,000 After the Show
Oprah Winfrey's 2004 giveaway made television history by giving 276 audience members Pontiac G6s, but the cars' taxable value left some facing bills of up to $7,000.
International Business Times UK
International Business Times UK
Sylvester Stallone and Arnold Schwarzenegger are now 'good friends'
Sylvester Stallone says he and former rival Arnold Schwarzenegger are "good friends" these days.
BANG Premier
BANG Premier
New Jersey man allegedly hurls racist slurs at a stranger in a Walmart parking lot. Then he refuses to leave his car: ‘Get out of the car, boss’
He had plenty to say through the window.
We Got This Covered
We Got This Covered
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play