Birdwatch Note Rating
2023-05-30 06:21:47 UTC - HELPFUL
Rated by Participant: 45EEF9615FE2F3B7D1E98FEA661699D617870D2A9F1EF3ADE39E5A6E9E91C4FB
Participant Details
Original Note:
The majority of this subsidy figure comes from reduced VAT on domestic gas and electricity. https://www.theguardian.com/environment/2019/jan/23/uk-has-biggest-fossil-fuel-subsidies-in-the-eu-finds-commission Oil and gas company currently pay a 75% tax on there profits. https://www.gov.uk/government/publications/autumn-statement-2022-energy-taxes-factsheet/energy-taxes-factsheet Other carbon related taxes exist such as the climate change levy, emissions trading scheme and fuel duty.
All Note Details