Tories will investigate the use of tax incentives for oil and gas industry - Polidicks

[QUOTE]The chancellor has used his budget to outline plans to help the North Sea oil and gas industry. Philip Hammond will investigate the use of tax incentives to make it easier for operators to sell oil and gas fields, helping to keep them productive for longer. A panel of experts will be set up to examine the issue. A discussion paper on how to help the industry will also be published, Mr Hammond told the Commons. The Treasury said the moves would further help a vital industry that meets around 50% of the UK's primary energy needs. It said the measures would build on "unprecedented support already provided to the oil and gas sector through £2.3bn packages in the last three years". [/QUOTE] [url]http://www.bbc.co.uk/news/uk-scotland-scotland-politics-39198839[/url] All while renewable subsidies are getting gutted.

Governments getting increasingly desperate to pander to their fossil fuel donors that they'd probably start personally buying up bags of coal and barrels of oil when renewable energy inevitably takes over.

Reminds me of all the times right-wing people have argued against subsidies and government programs to assist renewable energy and electric car production. "If they can't stay profitable by themselves maybe we shouldn't be propping them up, let the free market decide things!" :downs: Then when it comes to the doomed oil and gas industry, suddenly we've got to "help to keep them productive for longer"? I know the time to be a forward-thinking early bird and invest into renewable sources of energy has long since passed, but going along with it now is probably better than mindlessly clinging onto a dead industry, yeah? An industry which, by the way, is still steadily advancing our environment's ultimate rejection of our species? I understand it can be hard to remember that we're supposed to be reducing the damage to our planet, not harming it further, what with every reputable scientific consensus boldly and broadly notifying EVERYONE that shit is fucked for the last what? Couple of decades? But it would be real nice if our collective governments could get their fucking acts together and actually do something good for once.

[QUOTE=Menien Goneld;51940034]Reminds me of all the times right-wing people have argued against subsidies and government programs to assist renewable energy and electric car production. "If they can't stay profitable by themselves maybe we shouldn't be propping them up, let the free market decide things!" :downs: Then when it comes to the doomed oil and gas industry, suddenly we've got to "help to keep them productive for longer"? I know the time to be a forward-thinking early bird and invest into renewable sources of energy has long since passed, but going along with it now is probably better than mindlessly clinging onto a dead industry, yeah? An industry which, by the way, is still steadily advancing our environment's ultimate rejection of our species? I understand it can be hard to remember that we're supposed to be reducing the damage to our planet, not harming it further, what with every reputable scientific consensus boldly and broadly notifying EVERYONE that shit is fucked for the last what? Couple of decades? But it would be real nice if our collective governments could get their fucking acts together and actually do something good for once.[/QUOTE] It's just like the ISP's of USA. Once they finally gets the competition that the defenders of capitalism loves so dearly, they go and complain to the state

Fund our failing nuclear plants not north sea gas and oil. Why do we have so many idiots in parliament.

[QUOTE=1239the;51932308]Governments getting increasingly desperate to pander to their fossil fuel donors that they'd probably start personally buying up bags of coal and barrels of oil when renewable energy inevitably takes over.[/QUOTE] Fossil fuel works and is efficient. There is also the economic interest of protecting major fossil fuel companies until renewables are at a place where they are good enough to replace fossils without costing an arm and a leg to implement and the companies up to speed with renewables so that job losses are reduced.

[QUOTE=Ascythian;51950420]Fossil fuel works and is efficient. There is also the economic interest of protecting major fossil fuel companies until renewables are at a place where they are good enough to replace fossils without costing an arm and a leg to implement and the companies up to speed with renewables so that job losses are reduced.[/QUOTE] This argument falls flat when you realise the same people are pushing to cut subsidies for renewables.

How about his, I know this may sound crazy. Stop giving incentives to large businesses and stop curb stomping the poor! This government is unbelievable and there is no viable party [sp]yet[/sp] to challenge them in 2020.