UK Chancellor Jeremy Hunt’s budget will see Scotland face crippling inflation with record taxes and spending cuts – a new austerity agenda that Labour is also signed up to. But it isn’t all bad news. In his effort to balance the books, Hunt has unwittingly revealed the true extent of Scotland’s wealth. A £14 Billion tax windfall on oil and gas. It’s an enormous figure, but not quite the whole story. Closer inspection of the budget reveals the UK expects to raise around £80 Billion from oil and gas taxes between now and 2028. A truly incredible sum. But there’s more. The UK’s new tax on electricity generation, including renewables, is expected to bring in £14 Billion in the same period. In total, the UK expects to raise a truly staggering £94 Billion in energy tax within the next six years. And some suspect it could perhaps be much much more.

Where does this leave Scotland? To understand the significance, we need to realise just how energy rich our nation is. With 8% of the UK population, Scotland has 96%t of UK oil and 63% of gas. We also have 90% of hydro with 25%t and rising of U K renewables. Scotland is a huge player in UK energy and of the £94 Billion the UK government expects to raise in tax, an estimated £70 Billion will come from Scotland.

What could Scotland do with this amazing sum?

We could have a wealth fund just as the Norwegians and every other energy rich nation does. We could insulate every home in Scotland to ensure our people never need face heating or eating again. Scotland could develop its energy grid to harness and distribute power more effectively. We could make the transition away from oil and gas to clean power faster and fairer. Scotland could finance a huge expansion of publicly owned energy production and export what we don’t use, with the potential to sell ten times what we require. Scotland could attract business and investment with cheap power. The potential is huge. But there’s one thing in the way. The U K government controls Scotland’s energy and the tax on those profits go straight to the London exchequer. There’s only one way to change that: Scottish independence.

https://www.gov.uk/government/publications/autumn-statement
-2022-energy-taxes-factsheet/energy-taxes-factsheet

JOURNEY TO YES – Gamers for Independence. We explore the fascinating story of how Scotland became a global games capital and multibillion industry that now rivals our whisky industry success. Dáibhí the Scottish Yorkshireman tells his own remarkable story of moving to independence and is your expert guide to the gaming phenomenon, the challenges facing this Scottish success story and why it’s game over for the UK.
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The new grassroots campaign for Scottish independence
https://www.nowscotland.scot
info@nowscotland.scot
About NOW SCOTLAND
Now Scotland evolved out of two of mass online events held in November 2020 organised by members of the All Under One Banner team on the future of independence campaigning. Over 1200 people attended and were in support of establishing a mass membership organisation to resource campaigning and take forward ideas on campaigning during Covid-19 lockdown and beyond. A call for volunteers resulted in a fifteen-strong interim committee being elected by participants to set up the new organisation.

A mass-membership organisation is needed to provide a democratic forum for the indy movement and to unite the Scottish people.

Since 2014 the active independence movement has expanded by hundreds of thousands and overflowed the boundaries of the existing pro-independence political parties. Now Scotland is a unique forum that allows every supporter of independence an equal voice in determining the common direction of the movement.

For the first time in modern history a consistent majority of the Scottish electorate now say they want to re-establish Scottish independence. This is a momentous turning point. Now Scotland provides a means for the rising Scottish nation to act together in a non-partisan way. We are open to everyone – party members, but also those who associate with no particular political party. We do not claim exclusivity, but we aim to provide a national umbrella organisation for all those active in the struggle for Scottish emancipation.

Based on ‘Scotland – The Wealthiest Country in Europe’ https://macalbasite.wordpress.com/2021/01/25/scotland-the-wealthiest-country-in-europe-truth-exposed/