BRITAIN’S biggest oil and gas producer Harbour Energy’s whopping £337 million profit comes “at the expense of every living thing on the whole planet,” campaigners said today.
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It is thought that the company benefited from tax loopholes Prime Minister Rishi Sunak put in place while he was chancellor.
This means that for every £100 a company invests in new oil and gas capacity, they can benefit from as much as £45 in windfall tax relief.
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Climate activists This is Rigged commented: “The profit these private companies make is at the expense of every living thing on the whole planet, the least they can do is pay some f****** tax.
“The Orwellian windfall tax introduced by Mr Sunak provides massive tax loopholes for oil and gas companies meaning they can claim almost half the profits back, if they reinvest it directly into —not renewable energy — no, more oil and gas projects.
“That sounds like a bit of policy dreamt up by an arsonist, not a politician.”
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