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windfall tax

'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
Media brands call for windfall tax on oil and gas firms

Policy

Media brands call for windfall tax on oil and gas firms

Dozens of media organisations release joint editorial calling for governments to boost climate funding by ramping up taxes on the fossil fuel industry

clock 15 November 2022 • 4 min read
Reports: Expansion of windfall tax expected to hit clean energy profits

Energy

Reports: Expansion of windfall tax expected to hit clean energy profits

PM and Chancellor reportedly intend to extend Energy Profits Levy to solar, wind, and nuclear generators as part of plans to increase rate on oil and gas firms

clock 03 November 2022 • 3 min read
Reports: PM mulling expansion of windfall tax on oil and gas profits

Energy

Reports: PM mulling expansion of windfall tax on oil and gas profits

Government said to be exploring options after Shell reveals it received a tax rebate from UK last quarter, despite bumper profits

clock 28 October 2022 • 5 min read
123
Most read
01

The case for chemical recycling and mass balance accounting

27 September 2023 • 8 min read
02

Government confirms short delay to Biodiversity Net Gain rules

28 September 2023 • 3 min read
03

Tech giants launch new Net Zero Innovation Hub For Data Centres

28 September 2023 • 3 min read
04

'Stark warning': Why UK nature is in worse state than ever

27 September 2023 • 7 min read
05

'Fundamental necessity': Report warns direct air capture essential to net zero goals

27 September 2023 • 4 min read
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