- Press Release
Rosebank oil and gas field approved: “Handouts to corporations at the expense of the rest of us” – Greenpeace comment
Philip Evans, Greenpeace UK’s climate campaigner, said:
“Rishi Sunak has proven once and for all that he puts the profits of oil companies above everyday people. We know that relying on fossil fuels is terrible for our energy security, the cost of living, and the climate. Our sky-high bills and recent extreme weather have shown us that.
“The ugly truth is that Sunak is pandering to vested interests, demonstrating the stranglehold the fossil fuel lobby has on Government decision making. And it’s bill payers and the climate that will suffer because of it. Why else would he make such a reckless decision?
“This decision is nothing but carte blanche to fossil fuel companies to ruin the climate, punish bill payers, and siphon off obscene profits. But we already have the solutions to cut bills, increase energy security and cut emissions, but the government ignores them in favour of handouts to corporations at the expense of the rest of us.”
ENDS
Notes to editor:
Rosebank is expected to cost £4.1bn to develop, but could receive an effective taxpayer subsidy worth £3.75bn through tax breaks and the loophole in the government’s windfall tax that spares oil and gas investment