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HomeTax

Tax

Austria
Crude Oil News

Austria Looks To Lower The Windfall Tax Threshold For Its Oil And Gas Industry

August 28, 2023 Mariel Alumit

The Austrian government is looking to lower the threshold for a windfall tax it imposed on oil and gas companies last year. That’s according to a new Bloomberg report, which noted that until now the threshold […]

UK
Crude Oil News

UK Oil And Gas Giant Cuts Investments And Defers Projects Over Windfall Tax

August 28, 2023 Mariel Alumit

Ithaca Energy, one of the largest oil and gas producers in the UK, has reduced investments and is deferring some projects this year and next, due to the burden of the windfall tax Britain has […]

Texas
Electric Vehicles

Under new state law, Texas will bill electric vehicle drivers an extra $200 a year

August 23, 2023 Mariel Alumit

Plano resident Tony Federico bought his Tesla five years ago in part because he hated spending lots of money on gas. But that financial calculus will change slightly on Sept. 1, when Texas will start […]

Carbon Capture

Carbon-Pricing Initiatives Around The World

August 11, 2023 Mariel Alumit

As Visual Capitalist’s Freny Fernandes details below, over the past two decades, governments around the world have responded to climate change through various initiatives and policies, with carbon pricing at the forefront. A recent example […]

carbon
Carbon Capture

Rex Murphy: Trudeau carbon tax nothing more than a senseless money grab

August 9, 2023 Mariel Alumit

I’ve insisted on this forever, with however little effect. It is a tax on carbon dioxide, a life-giving, life-enhancing element of the air we breathe. Carbon dioxide is the source and vital energy of all […]

Canada
Crude Oil News

Canada Fulfills Climate Pledge to End Fossil Fuel Subsidies

July 24, 2023 Mariel Alumit

The Government of Canada is committed to investing in a strong, sustainable economic future that will deliver good, middle‑class jobs, clean air, and energy security for generations to come. Today, the Honourable Steven Guilbeault, Minister […]

Finance

Relocating To Austin Can Save High-Income New Yorkers $250,000

July 21, 2023 Mariel Alumit

New York City’s high-income earners face a soaring cost of living crisis and some of the highest tax rates in the country. Compounding their financial struggles is an out-of-control crime wave, as Democratic leadership in […]

Shell
Exploration and Production

Shell CEO Dreams of Leaving UK for Greener (Profitable) Pastures in the US

July 10, 2023 Mariel Alumit

In a truly heartwarming display of corporate compassion, Wael Sawan, the CEO of Shell, has openly mused about the possibility of abandoning the UK to make even more money elsewhere. It seems that pesky ‘windfall’ […]

UK
Crude Oil News

How Will Labour Replace North Sea Oil Tax Revenues?

July 1, 2023 Mariel Alumit

  There are many reasons why Labour’s proposed ban on new North Sea oil and gas development, but one of the most powerful is the loss of potential tax revenue. According to the OBR, North […]

Energy Transition

As the Climate Warns, Use of Clean Energy Credits Comes Under …

June 24, 2023 Mariel Alumit

The two corporations investing billions to build three new factories just outside Columbus, Ohio, have said that the facilities will be carbon neutral — despite Ohio’s near-total reliance on electricity from fossil fuels. Both Honda […]

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