#windfallprofits — Public Fediverse posts

Soaring energy profits reignite calls for windfall tax https://www.byteseu.com/2006315/ #Energy #EnergyGiants #EnergyProducers #ExcessiveProfits #GlobalEnergy #MassiveProfits #OilAndGasCompanies #Shell #StephenInnes #TotalEnergies #WarInTheMiddleEast #WindfallProfits

BP slammed over ‘astronomical’ profits amid oil price spike caused by Iran war

BP has come under fire after revealing profits more than doubled in the first three months of the…
#NewsBeep #News #BreakingNews #breakingnews #Iran #windfallprofits
https://www.newsbeep.com/508865/

Accountancy is the distraction international climate institutions pursue. They err because reducing emissions would imply devaluing the fossil fuel assets of powerful actors. 🧵

#assets #assetStranding #carbonPricing #fossilFuels #carbonCredits #offsets #industrialPolicy #climatePolicy #economy #windfallProfits #carbon

"The cause of climate change is the extraction and combustion of fossil fuels. But instead of focusing on the fundamental root cause, we’ve been focused on the interim product, emissions.
"But what I show in the book is that managing tons is an extremely narrow and technical understanding of the problem of climate change."

Jessica Green: https://yaleclimateconnections.org/2026/03/the-big-flaw-in-climate-policy-were-trying-to-solve-the-wrong-problem/

#assets #carbonPricing #fossilFuels #carbonCredits #offsets #industrialPolicy #climatePolicy #economy #windfallProfits

https://www.europesays.com/uk/884866/ EU considering excessive profit taxes on oil and gas companies, foreign profits remain unclear #EnergyCompanies #EnergyCrisis #EU #EUCountries #Euronews #Europe #European #ExcessiveProfits #OilAndGas #OilAndGasIndustry #TheEuropeanCommission #VulnerableCountries #WindfallProfitTaxes #WindfallProfits

EU finance ministers push for windfall profit tax on energy firms as Iran war drives fuel prices higher

Five finance ministers from the European Union have called for a tax on windfall profits of energy companies…
#Europe #EU #EuropeanCommission #energycompanies #EUCommission #EUresponse #fuelprice #fuelprices #IranUSwar #Iranwar #LPGprices #middleeastwar #oilprice #WestAsiawar #windfallprofits
https://www.europesays.com/europe/6062/

@ApaulD
Yes, everything you say resonates loud & clear. Why don’t they [Big Oil, Big Gas] surprise us all by agreeing pleasantly to share their “windfall profits” with the country that hosts them? (Don’t answer: rhetorical!)

#bigOil #bigGas #AusPol #windfallProfits #profitSharing #profiteering

Researchers found that #windfallprofits from oil and gas companies during the 2022 #energy crisis could have covered existing industrialized nations' commitments to poorer countries for nearly five years: http://go.tum.de/675927

#COP29 #fossilfuels

📷iStock/Rangsarit Chaiyakun

EU Parliament approves €35 billion loan to Ukraine https://www.euractiv.com/section/global-europe/news/eu-parliament-approves-e35-billion-loan-to-ukraine/?utm_source=dlvr.it&utm_medium=mastodon #frozenassets #G7 #Russianassets #Ukraineaid #Windfallprofits

EU Parliament approves €35 billion loan to Ukraine https://www.euractiv.com/section/global-europe/news/eu-parliament-approves-e35-billion-loan-to-ukraine/?utm_source=dlvr.it&utm_medium=mastodon #frozenassets #G7 #Russianassets #Ukraineaid #Windfallprofits

Could we eradicate society's biggest issues? Can they be solved with money? Then yes, we can. Whether money end up in someone's pocket who's already extremely wealthy or used for the betterment of all the people, is a political decision. In each and every decision there is always #politics.

https://www.oxfam.org/en/press-releases/big-business-windfall-profits-rocket-obscene-1-trillion-year-amid-cost-living-crisis

#WindFallProfits #capitalism #corporatism #bigtech #bigpharma #bigcorp

722 of the world’s biggest corporations together raked in over *$1 trillion* in #WindfallProfits each year for the past 2years 🤯
A tax on those profits could have generated money to tackle poverty & climate change.
New study by @Oxfam & @ActionAidEU: http://oxf.am/windfall

🐦🔗: https://n.respublicae.eu/GreensEFA/status/1676929846532874247

This is equally true for #Aotearoa and we need a tax on windfall profits to help keep inflation down;

“The profits of Britain’s biggest firms have spiked 89%. So to claim that there is no evidence of excessive profiteering just isn’t credible. Policymakers seem determined to remain prisoners of a broken economy. They need to wake up.”

Sharon Graham, UK Unite General Secretary, 2023

https://www.theguardian.com/business/2023/mar/24/bank-of-england-boss-urges-firms-to-hold-back-price-rises-or-risk-higher-interest-rates

#NZ #profiteering #WindfallProfits #tax #GreedFlation

@markwyner We need either a #WindfallProfits tax or to raise taxes on Corporate Wealth in general so that that's no longer any incentive to wildly overcharge. #FreeMarketMyAss

Mia Motley Prime Minister of Barbados at the Opening of the #COP27 World Leaders Summit.
She doesn't mince words on the north -south divide, lack of political will from the north, and the continued colonialism and imperialism that highlights debr inequality.
and the time for Loss and Damage is now. Needs to include non-state actors like the Fossil fuel companies that have had over $200 billion in windfall profit over the last 3 months.
Multilateral development banks need to be reformed.
"We have the capacity to choose differently"

#LossandDamage #BrettonWoods #debtinequality #climatechange
#MiaMotley #WorldLeadersSummit #WindfallProfits #FossilFuels
https://www.youtube.com/watch?v=5J0egwAfO0w

Mia Motley Prime Minister of Barbados at the Opening of the #COP27 World Leaders Summit.
She doesn't mince words on the north -south divide, lack of political will from the north, and the continued colonialism and imperialism that highlights debr inequality.
and the time for Loss and Damage is now. Needs to include non-state actors like the Fossil fuel companies that have had over $200 billion in windfall profit over the last 3 months.
Multilateral development banks need to be reformed.
"We have the capacity to choose differently"

#LossandDamage #BrettonWoods #debtinequality #climatechange
#MiaMotley #WorldLeadersSummit #WindfallProfits #FossilFuels
https://www.youtube.com/watch?v=5J0egwAfO0w

Mia Motley Prime Minister of Barbados at the Opening of the #COP27 World Leaders Summit.
She doesn't mince words on the north -south divide, lack of political will from the north, and the continued colonialism and imperialism that highlights debr inequality.
and the time for Loss and Damage is now. Needs to include non-state actors like the Fossil fuel companies that have had over $200 billion in windfall profit over the last 3 months.
Multilateral development banks need to be reformed.
"We have the capacity to choose differently"

#LossandDamage #BrettonWoods #debtinequality #climatechange
#MiaMotley #WorldLeadersSummit #WindfallProfits #FossilFuels
https://www.youtube.com/watch?v=5J0egwAfO0w

Mia Motley Prime Minister of Barbados at the Opening of the #COP27 World Leaders Summit.
She doesn't mince words on the north -south divide, lack of political will from the north, and the continued colonialism and imperialism that highlights debr inequality.
and the time for Loss and Damage is now. Needs to include non-state actors like the Fossil fuel companies that have had over $200 billion in windfall profit over the last 3 months.
Multilateral development banks need to be reformed.
"We have the capacity to choose differently"

#LossandDamage #BrettonWoods #debtinequality #climatechange
#MiaMotley #WorldLeadersSummit #WindfallProfits #FossilFuels
https://www.youtube.com/watch?v=5J0egwAfO0w

Mia Motley Prime Minister of Barbados at the Opening of the #COP27 World Leaders Summit.
She doesn't mince words on the north -south divide, lack of political will from the north, and the continued colonialism and imperialism that highlights debr inequality.
and the time for Loss and Damage is now. Needs to include non-state actors like the Fossil fuel companies that have had over $200 billion in windfall profit over the last 3 months.
Multilateral development banks need to be reformed.
"We have the capacity to choose differently"

#LossandDamage #BrettonWoods #debtinequality #climatechange
#MiaMotley #WorldLeadersSummit #WindfallProfits #FossilFuels
https://www.youtube.com/watch?v=5J0egwAfO0w

🆕 The EU needs massive public investment to achieve #EnergyTransition & #ClimateGoals #EESCnews @EESC_TEN

💡 EESC proposes skimming #WindfallProfits & applying "golden rule" to finance infrastructure

📺 Watch EESC member @ThomasKattnig & read full story https://europa.eu/!Jd9XHm

🐦🔗: https://nitter.eu/EESC_PRESS/status/1575862289877839873