#windfalltax — Public Fediverse posts

Six EU Nations Push for Oil Windfall Tax Amid War Profits

Germany, Italy, Austria, Poland, Portugal, and Spain demand levy on energy companies as profits surge from Middle East conflict

https://pulseofnations.lol/six-eu-nations-push-for/

#Energy #EU #Europe #FinanceMinisters #Germany #Italy #Oil #WindfallTax

Six EU countries push for a windfall tax on oil companies.

Citing surging profits amid the Middle East war, six EU countries, including Germany and Italy, want finance ministers to discuss the levy at next month’s meeting in Dublin.

https://mediafaro.org/article/20260823-six-eu-countries-push-for-a-windfall-tax-on-oil-companies?mf_channel=mastodon&action=forward

#WindfallTax #Oil #EU #Politics #Germany #Italy #Austria #Poland #Portugal #Spain

6 EU countries intensifying calls for bloc-wide #WindfallTax on #oil companies as profits surge amid #MiddleEast #war

The finance ministers of #Germany, #Italy, #Austria, #Poland, and #Portugal, along with #Spain's economy minister, sent a joint letter to Ireland’s finance minister, whose country holds the rotating EU presidency. The ministers urged that a levy be added to the agenda for next month’s meeting of EU finance chiefs in Dublin.

https://www.euronews.com/my-europe/2026/08/23/six-eu-countries-push-for-windfall-tax-on-oil-companies-amid-surging-war-profits

#DementiaDon #TrumpFails

RE: https://mastox.eu/@ZackPolanski/117128004972088594

#UKPol #UKPolitics #ZackPolanski #CostOfLivingCrisis #WindfallTax #UKEconomy

Oil Majors Reap $93 Billion Windfall From the Iran War

Oil prices have soared in recent months as a result of the almost complete closure of the Strait…
#NewsBeep #News #BreakingNews #Aramco #BigOil #bp #breakingnews #chevron #energycrisis #Iran #iranwar #oilprices #oilprofits #StraitofHormuz #windfalltax
https://www.newsbeep.com/694071/

@MarkHoltom

Seems important 👆

In the past 12 years, the UK has failed to collect £1 trillion in tax from oil and gas companies.

#TaxTheRich #WindfallTax

The Current: Should Big Oil’s windfall be taxed?

Economist Jim Standford argues "yes", stating that the current price has nothing to do with supply and demand. Further, the profits do not trickle down to society.

Oil industry consultant Richard Masson argues "no", stating that there are issues of supply with refinement, and also that profits do trickle down to society from increased values in stock shares.

Episode webpage: https://www.cbc.ca/listen/live-radio/1-63-the-current/clip/16230272-should-big-oils-windfall-taxed

Media file: https://mgln.ai/e/12/cbc.mc.tritondigital.com/CBC_CURRENT_P/media/current/current-QRshTN9T-20260806.mp3#t=0

#cdnpoli #canpoli #bigoil #Oil #windfalltax #alberta

Just heard an investor on Today say we shouldn't have a windfall tax on oil companies because it would deter investment in them. Isn't this exactly what we want, if it is a given that you are not a climate denier?

WIN/WIN?!

#climatechange
#windfalltax
#ea5therich
#BPprofits
#energy
#environment

Two in three Canadians support a windfall profits tax on the oil and gas industry, https://www.theglobeandmail.com/business/commentary/article-oil-prices-iran-war-inflation-windfall-tax/

#cdnpoli #wealthTax #windfallTax #inequality

Soaring energy profits reignite calls for a windfall tax across Europe.

European oil and gas companies that posted huge profits in the first quarter on soaring prices caused by the war in the Middle East face new calls from London to Paris to tax their outsized gains.

https://mediafaro.org/article/20260511-soaring-energy-profits-reignite-calls-for-a-windfall-tax-across-europe?mf_channel=mastodon&action=forward

#Energy #WindfallTax #OilIndustry #OilPrices #FuelPrices #Tax #Politics

Gina Rinehart suddenly deciding taxes are terrible when they touch gas profits is peak billionaire logic. If windfall taxes are “unfair,” maybe the real issue is letting multinational fossil fuel giants pocket our natural wealth while everyone else cops the costs. Tax the windfall, fund public services, and stop pretending “energy security” means corporate security.

The AFR can bang the drum against a gas windfall tax all it likes, but it’s worth remembering its parent company has big shareholders who may benefit from mining and resource profits. That doesn’t prove the argument is wrong, but it does make the billionaire panic look a lot less convincing.

#GasTax #WindfallTax #BigBillionaires #FossilFuels #PublicServices #Australia #EnergyPolitics #TaxJustice #Auspol

https://www.afr.com/policy/economy/rinehart-s-riches-show-why-we-shouldn-t-slap-windfall-tax-on-gas-20260422-p5zpyx

European ministers propose taxing energy profits – is this the solution? Carlos Cuerpo and other European ministers are urging an EU-wide windfall tax on energy companies. This move aims to fairly distribute the burden of surging oil prices and inflation, exacerbated by the Iran war. Learn more about this crucial proposal.
https://www.cnbc.com/2026/04/04/europe-energy-windfall-profit-tax.html #Inflation #EnergyPrices #EU #WindfallTax

Solid research on the classic question - who profits? - from the oil wars.

Spoiler: #WindfallTax and #GreenEnergy investments are the solution

#EnergyIndependenceIsGreen

We can tell you who will really get rich from this oil crisis – and how we can stop them
https://www.theguardian.com/commentisfree/2026/mar/19/oil-crisis-research-rich-costs-wealth-redistribute

Politicians still flinch at the ghost of 2010: Kevin Rudd's bold Resource Super Profits Tax on mining super-profits triggered a $22M+ mining ad blitz, tanked polls, and helped force his ousting by Gillard. She watered it down fast — the lesson? Don't poke the resources bear without allies.
This time it's narrower (just gas + thermal coal windfalls, not all mining), Treasury-modelling quietly pre-budget, and public anger at $2+ petrol + war-driven prices gives cover. No ad war yet, and Greens/unions are pushing hard.
But the gas lobby's already grumbling. If Albo goes too hard without buy-in, history could rhyme. Fingers crossed they learn from Rudd's fall and thread the needle: tax the windfalls properly, fund Aussies, don't get knifed.

#WindfallTax #AusPol #CostOfLivingCrisis #miningtax #gastax

Dems Revive Legislation to Return Big Oil’s Profits to Struggling US Families

https://murica.website/2026/03/dems-revive-legislation-to-return-big-oils-profits-to-struggling-us-families/

#SCOTLAND🏴󠁧󠁢󠁳󠁣󠁴󠁿: Support for #WindfallTax

#Canary

https://www.thecanary.co/uk/news/2026/03/09/scottish-support-for-windfall-tax-as-energy-costs-surge/

🚨As families face rising bills, and extreme weather causes devastation around the world, oil and gas companies shouldn’t get a tax break!😱🤬
Tell Chancellor @RachelReevesMP to not turn her back on #climate and communities!😤🌍🥰
Add your name👇 https://act.gp/3LrcnFI #Politics #Energybills #GreenEnergy #SaveOurPlanet #ClimateEmergency #StopFossilFuels #WindfallTax #TaxThePolluters

Starmer’s Labour: No wealth tax. No windfall tax. No crackdown on corporate greed. But #benefits for #disabled people? Slashed. Services for the poorest? Cut. They’re not fighting #inequality—they’re enforcing it. #Starmer #Labour #WealthTax #WindfallTax #CorporateGreed
https://buff.ly/nj3TTy7

I see this as good news, as the oil companies bemoan Labour’s new windfall tax proposals.

#NorthSeaOil #Oil #Gas #NorthSea #WindfallTax #UKPolitics

‘People are walking away’: UK windfall tax hits North Sea oil investment
https://www.ft.com/content/375b3a33-ff9b-4c4c-9ce7-c117a5bfb10d?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content