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The new government has a knotty problem on energy. It needs fiscal space to help billpayers, it want's new infrastructure to underpin the industrial strategy, and it will need decide on Rosebank/Jackdaw In a new piece for @ippr.org Stephanie Loo and I work through a potential part of the solution..

Sam do you have more analysis on how the concept would be applied? Particularly how it would peak at 2.5m/t pa? Is that calculated only in respect to a single field (eg Rosebank but it could be any other), or against overall production volumes?