Documents obtained by The British Wire reveal a coordinated effort by three of the UK's largest polluters to sabotage carbon pricing reforms. Sources confirm that internal emails show executives at EnergyCorp, Industrial Holdings, and Greenfield Mining met secretly with government advisors to weaken the tax. The leaked memos detail a plan to cap the tax at a fraction of the level needed to meet climate targets, a move that would save the companies billions while costing taxpayers in health and environmental damage.
The investigation uncovered a trail of payments from EnergyCorp to a consultancy linked to the Treasury official who drafted the final legislation. The official, now under suspension, denies wrongdoing. But records show the consultancy received £2.3 million in fees just months before the tax was watered down.
Government sources familiar with the matter say the Prime Minister was briefed on the potential conflict of interest but chose not to intervene. A spokesperson for No. 10 said the PM had no knowledge of the payments, but the documents suggest otherwise.
Industrial Holdings declined to comment. Greenfield Mining called the allegations "baseless." EnergyCorp did not respond to multiple requests for comment.
This is not just a tax leak. It is a leak of democracy. The carbon tax was meant to be the centrepiece of Britain's climate strategy. Now it is a sham, a fig leaf for corporate greed.
Follow the money. It always tells the truth.
The full set of documents has been passed to the National Crime Agency.
