Donald Trump tells UK to 'get rid of windmills' and says raising windfall tax on North Sea oil is 'big mistake'
- U.S. President-elect Donald Trump urged Britain to 'open up' the North Sea, criticizing the Labour government's energy tax policy as a 'very big mistake.'
- Trump's comments followed a report on Apache's plans to cease operations in the North Sea by the end of 2029.
- The British government announced an increase in the windfall tax on North Sea oil and gas producers from 35% to 38%, extending it by one year.
- North Sea producers warned that the higher tax rate could lead to reduced investments and are exiting the area before the tax increases take effect.
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Leaning Left13Leaning Right19Center16Last UpdatedBias Distribution40% Right
Bias Distribution
- 40% of the sources lean Right
40% Right
L 27%
C 33%
R 40%
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