Rachel Reeves Promised Oil Industry ‘Quid Pro Quo’ Over Windfall Tax in Private Meeting

DeSmogBlog
By Sam BrightJun 19, 2025, 7:01 am93 ptsTrending
Chancellor Rachel Reeves told a fossil fuel giant that the industry would receive a “quid pro quo” in return for higher taxes on its windfall profits, DeSmog can reveal. In a meeting with the Norwegian state energy company Equinor on 27 August last year, Reeves suggested that the government’s carbon…

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