: :inin Kyiv (EET)

This prominent Ukrainian millionaire told us Britain has to raise taxes to 70% and stop funding the NHS if it wants to phase out coal power


Alexander Temerko – one of the biggest supporters of Britain’s Conservative government and one of the biggest names in the UK oil and gas industry – just slammed Whitehall’s latest move in the energy sector as “unprofessional, immature, and a PR illusion.” In an exclusive interview with Business Insider, Ukrainian-born millionaire Temerko slammed the announcement as “a big mistake.” Today, the energy secretary Amber Rudd revealed that Britain will eventually phase out coal-fired power plants by 2025. “We are tackling a legacy of under-investment and ageing power stations which we need to replace with alternatives that are reliable, good value …read more

Source: Business Insider

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