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Britain has squandered its windfall of natural resources from North Sea oil and gas. Instead of prudently investing the 'unearned income' from nature, to build a safe, clean and green energy supply for the nation, we face unnecessary shortages. But there is still a chance to put the proceeds from liquidating our fossil fuel assets to better and more appropriate use. Instead of oil companies profiteering from climate change and oil depletion, a windfall tax could establish an Oil Legacy Fund to pay for Britain's urgent transition to a sustainable, decentralised energy system
Topics
- Green
- Natural
- Shortage
- Fund
- Oil Companies
- Unnecessary
- Faces
- Use
- Green Energy
- Safe
- North Sea
- Transition
- Fossils
- Assets
- Income
- Nations
- Legacy
- Pay
- Clean
- Chance
- Stills
- Energy
- Appropriate
- Natural Resources
- Company
- Investing
- Urgent
- Fossil Fuel
- Fuel
- Oil
- Oil And Gas
- Climate
- Taxes
- Resources
- Climate Change
- Britain
- Gas
- Sea