Colin Beattie MSP | Midlothian North & Musselburgh
  • Home
  • About
  • Constituency News
  • Contact
  • Esk River Improvement Group
  • Annual Report
  • Privacy Policy
  • Home
  • About
  • Constituency News
  • Contact
  • Esk River Improvement Group
  • Annual Report
  • Privacy Policy

Darling's Former Leader says "It's not too late for Oil Fund!"

3/11/2013

0 Comments

 
In an interview with Holyrood Magazine which is reported in today’s Sunday Post, former Labour Leader Lord Neil Kinnock has said the Tories under Thatcher squandered the potential of oil in ‘one of the most untransparent and unfaithful acts of modern government.’ Commenting, SNP Treasury spokesperson Stewart Hosie MP said:

“Neil Kinnock, who was leader of the Labour party from 1983 to 1992, has said it was a ‘tragedy and a regret’ that an oil fund along the lines of Norway’s was never pursued by Westminster.

“Lord Kinnock's comments follow Labour ex-Chancellor Denis Healey’s admission that Westminster played down the value of oil in the 1970s because of the SNP and the independence campaign.

“Out of the 20 largest oil-producing nations in the world, only the UK and Iraq have not established oil funds - compared to Norway which has succeeded in creating an oil fund worth £460 billion. Yet the head of the No campaign, Alistair Darling - who was a Shadow Minister under Neil Kinnock - still argues that Scotland’s oil is better controlled by Westminster, despite its deplorable record.

"Neil Kinnock himself said ‘any time in the next 20 years will still not be too late.’ With independence, an SNP government would establish an oil fund. Only with a YES vote in the referendum next year can we ensure that Westminster’s mistakes are not repeated, and that Scotland’s oil and gas wealth provides a lasting benefit for future generations.”

0 Comments



Leave a Reply.

    Parliamentary Work

    Picture
    Click here to find out what I've been doing in Parliament!

    Archives

    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    May 2024
    April 2024
    March 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013


    Links

    Picture
    Picture

Powered by Create your own unique website with customizable templates.