LEASES sold off “on the cheap” due to an arbitrary price cap, a “lack of incentives to invest in Scotland”, weak penalties, the taxpayer “short-changed”, threequarters of the companies involved headquartered outside the UK.
Laurie Macfarlane is author of a report that has catalogued the ways in which the Scotwind leasing of vast areas of Scotland’s seabed has meant the country has squandered its energy wealth again, as happened with North Sea oil and gas – and his criticisms are stark. https://www.heraldscotland.com/news/25568033.scotwind-scandal-analysis-scotlands-lost-energy-wealth/?fbclid=IwY2xjawNq2flleHRuA2FlbQIxMQABHhy2lcdzy2yP8W3yW8dlU7nOZ52YqB56sWzUiNxQluvYr_Vf0LDFlTHV-nqo_aem_hYWVMIwIBJS4Qj3g8VYULA
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