UK Treasury Set to Lose £250m on Rosebank Oil Field While Norway Makes Billions, New Analysis Warns
The UK government is on track to make a net loss of over £250 million from the controversial Rosebank project, according to new analysis from WWF Norway. The findings cast serious doubt on the economic rationale for approving one of the UK’s largest undeveloped oil fields — and raise major questions about the balance of risk and reward between taxpayers and fossil fuel companies.
