![]() Why does the media pay them any attention? The revenue from the windfall tax on oil and gas companies and on low-carbon generators of renewable electricity in the UK has been much lower than expected, while the fall in energy investment in the UK is a reality.Ħ. As predicted, the government’s price cap did not rise by 20% in the spring, as forecast by the always wrong Cornwall Insight– it fell. ![]() The oil price has indeed fallen (it is now below $80 a barrel) and so has the price of gas in Europe and the UK.
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