Miliband denies avoiding oil and gas sector
Briefly

Miliband emphasized, "I’m delighted to be here talking about how GB Energy, a new publicly owned energy company, is going to be headquartered here in Aberdeen." He continued, "It is a vote of confidence in the workforce here, a vote of confidence in businesses here and it is a sign of our determination that Aberdeen is not just the clean energy capital of the UK but of the whole of Europe."
Discussing the government's investment, Miliband stated, "The UK government has pledged to invest 8.3bn in GB Energy - which will help fund new and existing clean technology. That is expected to be raised through a windfall tax on oil and gas firms." He alluded to significant challenges ahead, pointing out that the UK will face "difficult decisions" regarding public finances.
Read at www.bbc.com
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