RE: Today.8 Sep 2022 11:21
I'm sure there will be a lot of opposition Mv from certain quarters who have vested interest elsewhere lol
Truss as I see it has no option. If she imposes a windfall tax on the energy companies, they will not be in a position to increase investment in expansion.
Over 60% of our electricity is still produced from gas. Until nuclear, solar, wind, bio etc etc reduces our reliance on gas for electricity, we are slave to wholesale prices which are being manipulated by Putin. The short/medium term fix is to expand North Sea exploration and frack to increase our own gas reserves.