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United Kingdom: George Osborne accused making climate change worse with tax breaks

2014-06-01 20:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Friends of the Earth has accused the chancellor George Osborne of exacerbating climate change by handing out 2.7bn of incentives to energy companies to fuel North Sea oil and gas production. FoE said he was too focused on propping up oil companies at the expense of making renewable energy cheaper. David Powell, economics campaigner at FoE, said: "The chancellor falls over himself to claim renewable energy is expensive, while bending over backwards to offer oil barons massive tax breaks. "Reducing...

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