#Budget2015: Welfare for Fossil Fuels, Austerity for the rest

#Budget2015: Welfare for Fossil Fuels, Austerity for the rest

This blog was written jointly with Greg Muttitt of Oil Change International Today, Osborne announced massive tax breaks and subsidies for North Sea oil companies. A new £1.3 billion in subsidies will be handed to oil companies, with the burden transferred to the public. £1.3 billion could cover the costs of employing another 20,000 nurses...

The other offshore tax regime

The lobby machine kicked into action following the announcement by George Osbourne of plans to raise £10 billion over the next 5 years from the oil industry. Ex-PLATFORMer Greg Muttitt, author of the forthcoming book Fuel on the Fire: Oil and Politics in Occupied Iraq explains in this guest blog why the outraged claims of the oil...