A proposed new fund ‘would be a sustainable use of oil and gas revenues and would last for the first decade of independence’. A new prospectus paper detailing plans for the economy of an independent Scotland has proposed a new fund that the paper noted “would be a sustainable use of oil and gas revenues and would last for the first decade of independence”. According to the paper, the Scottish government would undertake capital spending of up to $22.5 billion (GBP 20 billion) over the first ten years of independence, “supported by assigning key revenues into a Building a New Scotland Fund”. The fund would enable Scotland to get off to as strong a start as possible and to lay the foundations for a green, fair and net zero economy, the paper stated. “Scotland has an abundance of skilled people, innovative businesses, and natural resources,” First Minister Nicola Sturgeon […]