Chief executive agrees to remain in California for eight years even if state brings in one-off 5% wealth tax Meta has struck a deal with Mark Zuckerberg to help him foot a possible California wealth tax targeting billionaires. The social media company behind Facebook, Instagram and WhatsApp revealed on Wednesday night that the arrangement would keep its chief executive living in California, where Meta’s headquarters are located. Continue reading...
Meta strikes deal with Mark Zuckerberg to help him foot billionaire tax bill
Source: The Guardian
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We will make the net-zero transition work for Britain – approving the Jackdaw gasfield is part of the plan | Andy Burnham
Protecting jobs and strengthening energy security in the short term does not mean wavering on Labour’s deep commitment to a cleaner, greener future On Wednesday, the energy secretary, Miatta Fahnbulleh, gave the go-ahead for gas production to begin at the Jackdaw gasfield in the North Sea. This has been the subject of fierce debate for many years, with strong views on both sides. I want to explain what the decision means and how it fits with Britain’s climate commitments. At a time of acute global instability, it makes sense to responsibly use our resources here at home. Gas from this field will begin heating our homes and powering our businesses this winter. In the longer term, it will significantly strengthen our energy security by increasing domestic gas production by about 6% and support the UK’s energy supply for more than a decade. Wednesday’s decision will also protect hundreds of