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Windfall tax: Could Rishi Sunak’s package be good for billpayers, but bad for climate?

Windfall tax: Could Rishi Sunak’s package be good for billpayers, but bad for climate?

Chancellor Rishi Sunak’s decision to impose a windfall tax on fossil fuel giants will give all UK homes at least £400 off their annual energy bill. But his choice to also offer tax relief on new investments has some questioning whether new oil and gas production is being incentivised, not penalised.  

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