MPs warn taxpayers could face 'hefty bill' from North Sea and fracking decommissioning

BusinessGreen staff
clock • 3 min read

Public Accounts Committee report calls on government to get a better handle on future fossil fuel infrastructure decommissioning costs

The Public Accounts Committee (PAC) of MPs has today published a new report warning there is "significant uncertainty over costs to taxpayers of decommissioning offshore oil and gas assets", as well as...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Infrastructure

Credit: iStock

When the sun doesn't shine and the wind doesn't blow: Exploring the $125bn global smart grid opportunity

Driven by soaring fossil fuel prices and the urgent need for cleaner, cheaper energy, the market for smart grid technologies is expected to explode over the coming decade

Michael Holder
clock 29 November 2022 • 5 min read
Energy company Eni drafts South-East CCS agreement

Energy company Eni drafts South-East CCS agreement

The Bacton Thames Net Zero cooperation agreement aims to help decarbonise industrial processes in the South-East of England

clock 22 November 2022 • 2 min read
'Europe's largest' Harmony Energy debuts giant battery energy storage project

'Europe's largest' Harmony Energy debuts giant battery energy storage project

Investor Harmony Energy Income Trust announces Europe’s largest battery energy storage system is now online

clock 21 November 2022 • 3 min read