Quote:
Originally Posted by Tel 911S
The claim that fossil fuels are subsidised here is just lies promoted by the left wing media .
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I'm sorry, Tel, that in my post I used the wrong word which I also managed to misspell.
What I should have written is that, for the first time since the 1960s, the North Sea oil and gas made a loss for the British taxpayers when decommissioning and investment in to the industry was taken into account.
This article from Torygraph (hardly a left wing rag) explains further:
http://www.telegraph.co.uk/news/2016...-the-taxpayer/
However, I would actually consider the fact that the taxpayers are paying towards the cost of decommissioning of oil fields as being a form of subsidy. Semantics maybe, but it still comes out of our pockets.