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PRESS RELEASES
23 March 2006
NIOF criticises CCL extension
Responding to the news that the Chancellor has agreed to extend the exemption of CCL on natural gas in NI for five years, David Blevings of the Northern Ireland Oil Federation commented,” The climate change levy was originally designed to persuade businesses to reduce their energy use or use energy from renewable sources. In reality the exemption for Northern Ireland meant that natural gas could offer more competitive terms to industry and gave natural gas a competitive edge over oil . This further extension is another example of Government bias towards one fuel at the expense of another that is already heavily taxed through excise duties”