Submitted on Wednesday 19th July 2023
Rejected on Friday 4th August 2023
Current status: Rejected
Rejection code: no-action (see below for details)
Transfer the Crown Estates off shore wind farm ownership to the public purse.
Take ownership of the offshore winds farms currently owned by the crown estate, use the profits to re-invest in more green energy and use the supply of electricity to dampen prices in times of crises.
To drive the green agenda and re-distribute wealth and profits which the crown estate pays to the sovereign grant fund.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
We understand that you are concerned about any profits made by off shore wind farms within the Crown Estate, but we're not exactly sure what you'd like to happen.
The Crown Estate's income, including from offshore wind, is returned to the UK Government Treasury. The Sovereign Grant is calculated as 25% of the income from two years previously. The Government has announced that from next year, this will be reduced to 12% of the Crown Estate's net profits. We could accept a petition calling for this to be further reduced, so that more of the revenue is available to investment by the Government.
18.117.70.64 Thu, 21 Nov 2024 15:44:28 +0000
