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  • It's a topsy-turvy world in which a country can import the same amount of ice-cream, toilet paper and other goods to trading partners as it exports, and where top bankers are paid millions for destroying economic value, while hospital cleaners create value many times their pay

    Andrew Simms / Author
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It's a topsy-turvy world in which a country can import the same amount of ice-cream, toilet paper and other goods to trading partners as it exports, and where top bankers are paid millions for destroying economic value, while hospital cleaners create value many times their pay

⇛ Andrew Simms (Author)
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Britain has squandered its windfall of natural resources from North Sea oil and gas. Instead of prudently investing the 'unearned income' from nature, to build a safe, clean and green energy supply for the nation, we face unnecessary shortages. But there is still a chance to put the proceeds from liquidating our fossil fuel assets to better and more appropriate use. Instead of oil companies profiteering from climate change and oil depletion, a windfall tax could establish an Oil Legacy Fund to pay for Britain's urgent transition to a sustainable, decentralised energy system
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