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windfall tax

'A statist plan that would cause household bills to skyrocket': Experts slam Reform proposals for 'windfall tax' on renewables

Politics

'A statist plan that would cause household bills to skyrocket': Experts slam Reform proposals for 'windfall tax' on renewables

Nigel Farage vows to ditch net zero targets, tax renewables, and ban battery systems, but experts warn package would increase bills and undermine energy security

clock 13 February 2025 • 6 min read
Poll: Labour more trusted than Tories and Lib Dems to deliver UK net zero goals

Politics

Poll: Labour more trusted than Tories and Lib Dems to deliver UK net zero goals

EXCLUSIVE: Polling data published by BusinessGreen shows Labour more trusted than Conservatives, Lib Dems, and Reform UK to deliver net zero targets - but many voters don't trust any party to deliver on climate goals

clock 17 June 2024 • 6 min read
Tories and Labour trade blows over oil and gas windfall tax plans

Politics

Tories and Labour trade blows over oil and gas windfall tax plans

Chancellor Jeremy Hunt accuses Labour of having an £8bn black hole in its Green Prosperity Plan, but Opposition slams 'flawed' analysis

clock 12 February 2024 • 7 min read
'Atlantic Declaration': UK and US to pursue critical minerals agreement

Policy

'Atlantic Declaration': UK and US to pursue critical minerals agreement

New economic accord includes proposals to boost electric vehicle market on both sides of the Atlantic, as UK government confirms it could cut oil and gas windfall tax

clock 09 June 2023 • 6 min read
'The fiscally responsible choice': Labour clarifies plan to deliver £28bn in annual green investment by 2027

Politics

'The fiscally responsible choice': Labour clarifies plan to deliver £28bn in annual green investment by 2027

Party insists it remains fully committed to borrowing to invest in UK green economy if it wins next election, but acknowledges it will not achieve £28bn target until second half of Parliament

clock 09 June 2023 • 6 min read
'This is the stark reality of climate injustice': Record Shell profits attract scathing criticism from green groups

Energy

'This is the stark reality of climate injustice': Record Shell profits attract scathing criticism from green groups

Oil and gas giant slammed over failure to investment more in clean energy after record profits saw it hike dividends and announce share buyback scheme

clock 02 February 2023 • 4 min read
Government confirms renewables windfall tax plan, delays business support decision

Taxation

Government confirms renewables windfall tax plan, delays business support decision

Treasury yesterday published technical note finalising details of its controversial new levy on clean electricity generators, sparking fresh warnings tax could undermine green investment

clock 21 December 2022 • 5 min read
Poll: Two thirds of Tory voters back lifting of onshore wind farm ban

Wind

Poll: Two thirds of Tory voters back lifting of onshore wind farm ban

Latest evidence of support for onshore renewables development comes as government faces further splits over controversial coal mine planning decision

clock 05 December 2022 • 4 min read
'It seems odd to have taken this approach': Anger builds over Chancellor's clean energy tax raid

Taxation

'It seems odd to have taken this approach': Anger builds over Chancellor's clean energy tax raid

Industry groups fear windfall tax on clean energy generators and new taxes for electric vehicles could slow net zero transition

clock 18 November 2022 • 9 min read
Reports: Autumn Statement set to deliver major boost for UK energy efficiency push

Politics

Reports: Autumn Statement set to deliver major boost for UK energy efficiency push

Chancellor poised to announce new multi-billion pound investment programme in bid to cut UK energy demand by at least 13 per cent this decade

clock 17 November 2022 • 4 min read
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