Chancellor Philip Hammond delivered the government’s Autumn Budget on Wednesday 22 November, with key announcements including:
- A new Control on new low-carbon spending
- Confirmation of maintaining a Total Carbon Tax at current levels
- Funding for electric vehicle charging infrastructure, and
- Changes to the tax system for late-life oil and gas assets
In our alert we summarise these key developments and give our initial take as to what future impact they may have on the energy sector.
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