Windfall tax must change in face of ‘excessive’ oil profits, Alok Sharma says

Outgoing head of climate talks says UK needs to encourage investment in renewables, not fossil fuels and calls for tax on ‘excessive’ oil profits.

By Fiona Harvey

https://www.theguardian.com/politics/2022/oct/28/windfall-tax-must-change-in-face-of-excessive-oil-profits-alok-sharma-says Environment correspondent

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