Part of Portfolio Question Time – in the Scottish Parliament at 2:30 pm on 27 March 2025.
The minister will be well aware that, in many instances, it is the profits from companies’ oil and gas interests that are funding investment in renewables. Does he therefore share my concern about the data that the Office for Budget Responsibility released yesterday that shows that tax receipts from North Sea oil and gas will slump from £5.4 billion to £2.3 billion by the end of the decade? Surely that will impact on profits and impede investment in renewables.