Wednesday, January 30, 2013

Scotland’s Economic Potential

Scotland is an economically advanced society, rich in resources and human capital. We have the material resources of land, sea, oil (90% of UK sources are legally in Scottish waters), gas, substantial fresh-water supplies, and a handsome natural and built environment. Eamonn Gallagher, former EU ambassador to the United Nations has commented on Scotland's significance:
"As one of Europe's most energy-rich nations, with a significant proportion of its wind, wave and tidal power, not to mention industrial expertise, Scotland is already a strategic asset….Scotland also has the EU's most important oil and gas reserves."
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