UK Energy Minister Says Scottish Referendum Could Slow Investment

UK Energy Minister Says Scottish Referendum Could Slow Investment
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Δευ, 27 Ιανουαρίου 2014 - 19:26
This year's referendum on Scottish independence could damage investment, Michael Fallon, the U.K. Minister of State for Energy said Monday "My fear is that it will start to pause not simply investment in energy, but also investment more generally," Mr. Fallon said, while speaking at a conference at Chatham House
This year's referendum on Scottish independence could damage investment, Michael Fallon, the U.K. Minister of State for Energy said Monday

"My fear is that it will start to pause not simply investment in energy, but also investment more generally," Mr. Fallon said, while speaking at a conference at Chatham House.

Mr. Fallon added that the prospect of the referendum in September raised a further question of how an independent Scotland would afford substantial decommissioning payments for oil infrastructure in the North Sea.

A poll published earlier in January by ScotCen Social Research found most Scots would vote to stay in the United Kingdom, of which it has been a member for over 300 years.

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