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Scottish independence: Oil revenues would be 'bonus not basis'

2013-07-20 19:47:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: Oil revenues will be a "bonus" but not the basis of the economy in an independent Scotland, the first minister has said. Alex Salmond made the comments ahead of the publication of a Scottish government paper later this week. He said Scotland would reap the benefits of a boom in the industry, but be less dependent on oil than Norway. The UK treasury said independent forecasts showed that oil revenues were set to decline. The Scottish government paper will set out the future of the oil...

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