| The Scottish Government last night renewed calls for a sovereign wealth fund to be set up for North Sea oil and gas, after Chancellor George Osborne unveiled a scheme for the north of England to benefit from fracking revenues.
Energy minister Fergus Ewing branded Mr Osborne’s decision “utter hypocrisy” after calls for a similar scheme for Scotland has been repeatedly rejected by Westminster governments. Stuart Patrick, chief executive of Glasgow Chambers of Commerce, also called for a similar fund to be launched for the Central Belt and future projects relating to the “unconventional” extraction of gas...............................................Full Article: Source
|