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The Consequences of Brexit (part 3)


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But there is also a plentiful supply of untapped oil fields in other parts of the world, meaning that the price of oil is likely to remain low for the foreseeable future. Without substantial oil revenues, economic case for Scottish independence will remain weak.

 

As for renewables, a major problem is in transporting wind and wave energy to the main population centres. Moreover, the problem of how to store this energy remains. If the subsidies for these forms of energy were removed, the case for them becomes even weaker.

 

Scotland has the oil and gas fields. It has already virtually achieved energy security through renewables with masses of untapped renewables to bring on stream.

 

Alone, it would develop an economy similar to Norway.

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