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windfall tax

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
Energy bosses call on government to pause renewables 'windfall tax' legislation

Legislation

Energy bosses call on government to pause renewables 'windfall tax' legislation

Industry urges Business Secretary to rethink legislation that would give government sweeping powers over energy market in light of change of Prime Minister

clock 21 October 2022 • 4 min read
'Polluters must pay': UN Secretary-General calls for windfall taxes on fossil fuel firms

Energy

'Polluters must pay': UN Secretary-General calls for windfall taxes on fossil fuel firms

In strongly worded address to UN General Assembly, Antonio Guterres aims latest stinging criticism at fossil fuel firms and 'their enablers' in the PR and investment industries

clock 20 September 2022 • 4 min read
'Grotesque greed': UN Secretary-General urges governments to tax fossil fuel firms' 'excessive' profits

Politics

'Grotesque greed': UN Secretary-General urges governments to tax fossil fuel firms' 'excessive' profits

UN chief argues oil and gas firms' profiteering off the energy crisis is 'punishing the poorest and most vulernable people, while destroying our home'

clock 04 August 2022 • 4 min read
The cure to the cost-of-living crisis? A fossil fuel detox and retrofit revolution

Policy

The cure to the cost-of-living crisis? A fossil fuel detox and retrofit revolution

The government must revamp its 'half-hearted' windfall tax to divert fossil fuel firms' bumper profits into home energy efficiency upgrades and support for low-income households, writes Ashden's Harriet Lamb

clock 04 August 2022 • 4 min read
Reports: Government pauses plan for electricity generator windfall tax

Policy

Reports: Government pauses plan for electricity generator windfall tax

FT reports controversial proposals are now unlikely to proceed, as Tory leadership candidates tout tax-cutting plans

clock 12 July 2022 • 2 min read
An energy windfall tax too far?

Energy

An energy windfall tax too far?

New paper from Energy UK warns extending windfall tax to cover power generators would seriously undermine net zero transition and push up energy bills in the long term

clock 08 June 2022 • 6 min read
'A sticking plaster': The green economy reacts to Energy Profits Levy and household bills support

Taxation

'A sticking plaster': The green economy reacts to Energy Profits Levy and household bills support

Green business figures, campaigners, politicians, academics and energy experts give their verdict on the government's windfall tax U-turn

clock 26 May 2022 • 15 min read
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