And I was saying the same thing about the last government. Though Milibrains has gone much further with the non-tax disincentives. (View Post)

Ireland did the same a few years ago but their oil and gas industry had barely started. New Zealand and Denmark both had similar ideas but realised how stupid they were and reversed them. (View Post)

But again, theirs is not the same as ours as it allows and encourages exploration and development through tax concessions. The proof is in the pudding. Norway drilled 49 new exploration wells last ye… (View Post)

Nope the Norway tax regime is very different. Whilst the headline rate is similar, the costs that can be deferred against that tax are huge compared to the UK. So around 90% of an exploration wells c… (View Post)

To be fair, although, as he knows, I actually disagree with him, Bart has always been consistent in his claim that International Law is a myth. (View Post)