Energy and Environment

A windfall tax will not cure our energy woes


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Christopher Snowdon comments for The Telegraph

Andy Mayer comments for City AM

Andy Mayer, IEA Energy, Environment and Infrastructure Analyst, has commented for City AM on calls to impose a windfall tax on North Sea oil firms.

“Fossil fuel energy companies have not enjoyed ‘windfall’ profits. They lost billions in 2020, when the pandemic caused prices to plunge. They regained some of this in 2021-22 when economic activity restarted.”

Read the full article here.



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