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HomeWindfall

Windfall

UK
Big Oil Companies

UK Oil And Gas Industry Warns Windfall Tax Will Hurt Energy Security

February 28, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, The new head of Offshore Energies UK has warned that the higher tax rates are already hitting offshore companies hard. Last autumn, the UK raised the windfall tax for […]

Energy
Finance

Windfall Taxes Sweep Through The Global Energy Sector

January 31, 2023 Mariel Alumit

Authored by Alex Kimani via OilPrice.com, Over the past two years, global energy companies have enjoyed record profits amid high commodity prices, with the International Energy Agency estimating that net income by oil and gas […]

Germany
Stop These Things

Germany Sets Windfall Tax At 90%

November 28, 2022 Mariel Alumit

From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood From Bloomberg: Germany has set out its plan to claw back 90% of the earnings from some clean power generators as the government seeks […]

Italy
Energy Policy

Italy Raises Windfall Tax On Energy Companies

November 22, 2022 Mariel Alumit

Italy is raising the windfall tax on energy companies in its 2023 budget bill to fund additional help to consumers amid high energy prices and inflation. In the $36-billion (35 billion euros) budget law the government approved early on […]

Windfall
Climate Crisis

Windfall Profits For Generators Running At £43 Billion A Year

September 9, 2022 Mariel Alumit

SEPTEMBER 7, 2022 tags: Electricity By Paul Homewood . Although rising international prices for natural gas have triggered the massive rise in wholesale electricity prices in the last year or so, they are only directly responsible […]

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