RE: Turns out the Tories are the communists...27 May 2022 16:15
"My main objection to the windfall tax is that we should be supporting the North Sea to maximise recovery for next 30 years. Norway a good example of what we should be doing "
historically tax rates have been higher in Norway than the UK - and the cost of doing business there is much higher and more bureaucratic than in the UK. They have bene able to save their oil & gas because to be honest they never really needed any of it in the first place - they were quite a rich, very small country, with very high social spending with a lot of hydro power before Ekofisk was found..