And thetax treatment ofpensions, allowinghigherrate payers to defertaxationuntilthey are a basicrate payer inretirement, means pensions will still bethe first choicefor manysavers.
Shale gas benefited from decades of public investments in innovation and clean energy is no different, but one of the starkest comparisons between the two is that shale gas innovation received dedicated funding through a rate-payer surcharge.