Oil companies are making massive profits and stockpiling cash, and holding off on changing their investment plans.
Articles on Windfall tax
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As recession looms, some have called for a windfall tax on record corporate profits. But do such taxes actually work? And what does history teach about them?
Redesigning the UK’s windfall tax on energy companies could help it to bring in more money for public spending.
Truss heads off imminent crisis while storing up problems for the long term.
The UK chancellor is giving a one-off payment of £1,200 to the most vulnerable households, while U-turning on a windfall tax for energy companies.
In the absence of a clear plan for affording the high costs of decarbonisation, it’s time for the UK Treasury to tax fossil fuel companies.
Top contributors
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Research Fellow in Fuel Poverty and Energy Policy, Built Environment Asset Management (BEAM) Centre, Glasgow Caledonian University
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Senior Lecturer in Economics, The Open University
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Professor of Taxation, Te Herenga Waka — Victoria University of Wellington
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Associate Professor of Economics and Public Policy, University of Oxford
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Lecturer in Energy Systems, University of Oxford
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Professor of Energy and Climate Change, UCL
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Visiting Academic, The Open University
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Professor of Economics, Georgia Institute of Technology