Nearly a fifth (18%) of oil firms think Scottish independence will have a positive impact on the sector, while 12% think it will be negative, according to a new survey.
But questioning 700 companies, the Aberdeen and Grampian Chamber of Commerce poll found the majority were indifferent towards the referendum’s impact. Thirty-eight per cent said it would make little difference while 32% said its impact was currently too difficult to predict.
A further 45% said the referendum was directly impacting their investment proposals – an increase from 38% this time last year.
People in Scotland will vote on whether the country becomes independent from the UK in September. There have been contrasting reports on its possible impact on the economy.
The Scottish government recently said it was considering setting up an oil fund – replicating Norway’s successful fund – if the country became independent.
Uisdean Vass, oil and gas partner at law firm Bond Dickinson, which sponsored this latest research, told the BBC, “The survey’s findings on the referendum are absolutely what we would have expected. Naturally enough, businesses – especially foreign-owned businesses – rarely agitate for constitutional change.”
The UK government has also emphasised that the Scottish people will be hit with higher energy bills if they choose to leave the union. Energy secretary Edward Davey insisted that Scottish people benefit from being part of the UK, “right across the energy mix”.
Photo: Berardo62 via Flickr
Like our Facebook Page
Key Things to Remember When Building a Sustainable Home
4 Tips to Achieve Eco-friendly Business Operations
Are Vegan Shoes A Sustainable Option?
How to Be More Eco-Conscious In Your Everyday Life
Tips To Become More Sustainable At Home
Modern Log Cabins: Sustainability and Aesthetics
The Basics of Starting a Eco-Friendly DIY Project
Importance of Shore Hardness for Sustainable Hobbyists
Green Healthcare Practice Patient Data Compliance Guidelines
Guidance on Trading Bitcoin as an Eco-Friendly Investor
Why Making Your Business Sustainable Is More Important Than Ever
The Most Popular Environment-Friendly Flooring Options
Investing in the Ethical and Eco-friendly Has Never Been Easier
A Guide Transitioning to Safer and Environmentally-Friendly Chemicals
Role of HR in Sustainable Businesses
The Environmental Impact of Bitcoin Replacing Fiat Currencies
Tips To Make Air Conditioning Eco-Friendly
9 Zero Waste Gift Ideas For An Eco-Friendly 2021 Holiday
5 Reasons For Your Business To Go Green (Beyond Helping The Planet)
Tips After Buying an Electric Scooter to Lower Your Carbon Footprint
- Features10 months ago
Seven Health and Safety Tips for Eco-Friendly Products in a Green Home
- Energy10 months ago
Eco-Friendly Homeowners Lower Carbon Footprints through Greater Air Conditioner Efficiency
- Features9 months ago
Essential Guidelines for Eco-friendly Moving into new Home
- Invest12 months ago
The Eco-Friendly Evolution of Bitcoin Over the Years