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Badenoch to Call for End to Windfall Tax and Ban on New Oil Licences
- Conservative leader Kemi Badenoch addressed her first Scottish party conference in Edinburgh on June 13, focusing on the oil and gas industry and related taxes.
- She criticized the energy profits levy, a windfall tax introduced by the previous Conservative government and extended by Labour, warning it is set to remain until 2030.
- Badenoch accused the UK Government of killing the oil and gas sector and called for scrapping the levy, as well as lifting bans on new licenses and oil and gas technology exports.
- Although a windfall tax is in place, the energy sector still generated profits exceeding £115 billion in 2024, while typical household energy costs continue to be several hundred pounds higher than prior to the energy crisis, leading critics to describe Badenoch’s remarks as disconnected from reality.
- The conference highlighted political divisions over energy policy, with Scottish Labour pledging a just transition to net zero, and the SNP promoting independence as a response to Westminster's failures.
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Kemi Badenoch slammed for being ‘on the side of oil and gas giants’
After receiving donations from oil investors and climate sceptics, Kemi Badenoch will use a speech at Scottish Conservative Party conference today to side with oil and gas companies. Badenoch will call for the end of the windfall tax on profits that gas and oil companies generate and to lift the ban on new gas and oil licences. The Tory leader is expected to say that “renewing our party and our country means standing up for our oil and gas ind…
Energy Voice+2 Reposted by 2 other sources
Badenoch to call for end to windfall tax and ban on new oil licences
·United Kingdom
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Coverage Details
Total News Sources21
Leaning Left8Leaning Right3Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
R 25%
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