Study: Billions of pounds 'lost' to oil and gas tax relief could have funded insulation in two million homes

Cecilia Keating
clock • 3 min read
Fossil fuel firms have raked in bumper profits as oil and gas prices have soared | Credit: iStock
Image:

Fossil fuel firms have raked in bumper profits as oil and gas prices have soared | Credit: iStock

Chancellor's decision to incentivise domestic oil and gas extraction is 'opposite of what's needed if we want to end our reliance on expensive gas', E3G warns

Billions of pounds in potential tax breaks offered to oil and gas companies by the Treasury as part of its fresh cost of living support package last week could have been used to fund better insulation...

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