Clause 25 - Tonnage tax

Part of Finance (No. 2) Bill – in a Public Bill Committee at 2:15 pm on 14 December 2021.

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Photo of Alison Thewliss Alison Thewliss Shadow SNP Spokesperson (Treasury) 2:15, 14 December 2021

I support the comments made by the Labour Front-Bench spokesperson on this issue. Switching flag is the most crazy kind of gesture politics. Would it not have been better to look at green shipping? That would create a tax incentive for the industry, which is one of the leading contributors to emissions, to transfer to better forms of power, to reduce its carbon emissions and to have some positive impact on global emissions and the net zero target, rather than pursuing the gesture politics of switching flags on a ship.