Claim: For every £1 energy companies invest in green energy, they receive 91p back from the taxpayer.
Fact-check: Energy companies aren't getting 91p for every £1 they invest in green energy - Full Fact
Verdict: this appears to be a misinterpretation of a recent change to uk law. in fact, under the new energy profits levy act, energy companies can get a 91p tax saving on every £1 they invest in oil and gas extraction in the uk.
Organisation: Full Fact
Author: Sarah Turnnidge
Date published: 2022-08-26T00:00:00