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Prem Sikka

@premnsikka

Emeritus Professor of Accounting. If with all your effort and might you do not reach the mountain top that is not failure; failure is that you did not even try.

calendar_today24-04-2014 16:50:12

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80% of North Sea oil is exported.

Subsidised by tax reliefs. Govt responsible for cost of decommissioning oil rigs.

Big oil companies shift profits to tax havens, dodge UK taxes.

Boosts corporate profits; has not increased UK energy security.
theguardian.com/business/2024/…

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