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Fossil Fuel Companies in UK Awarded £150 Million of Public Money ‘to Find New Ways to Extract Oil, Coal and Gas’

  • DeSmogBlog faviconDeSmogBlog

    By Adam BarnettMay 21, 2021, 12:43 pm562 ptsHotTop
    photo of Fossil Fuel Companies in UK Awarded £150 Million of Public Money ‘to Find New Ways to Extract Oil, Coal and Gas’ imageThe UK government gave over £150 million in tax breaks to fossil fuel companies in the space of three years, new research has found.  A new paper out today reveals that tax credits for fossil fuel extractive companies to conduct research and development (R&D) increased by around £20 million year on year…
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