The UK Government’s windfall tax on oil companies, announced yesterday, will actually incentivise oil and gas drilling and “wreck” the UK’s climate targets.
Day: May 27, 2022
Response: G7 ministers pledge to end public finance for fossil fuels by the end of this year, prioritizing clean energy support instead
Today G7 climate, energy and environment ministers issued a communique committing to end public finance for fossil fuels by the end of this year.