I for one am sceptical about reports from left wing think tanks about subsidies to established power providers. They highlight the normal business rules (capital investment write offs, diesel fuel, depreciation, etc) and value these just for the fossil fuel industries they are targeting. No mention of the fact that renewables providers are able to receive the same breaks.
Because the fossil fuel industries are so much larger, the total value of the taxation breaks looks to be biased towards these industries, rather than the outworking of normal business rules that apply to all players.
Happy to be shown otherwise if I am off the mark.
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