Latest Windfall Tax Stories
PETALUMA, Calif., Jan.
I AM dismayed, but not surprised, that no windfall tax is being proposed on the profits made by energy suppliers and generators. This is particularly galling, given the crass comment made by E.ON's head of emissions trading, Mark Owen-Lloyd, that soaring gas bills mean "more money for us".
By Rob Preece The Prime Minister failed to silence calls for a windfall tax on power firms' profits, despite unveiling a raft of energy-saving measures he claimed would save households over 300 a year.Six million homes occupied by pensioners and low-income families are to get free loft and cavity insulation, while another five million homes stand to receive the service half-price.But consumer groups dismissed the proposals as "too little, too late", and Mr Brown's pledge that energy firms...
GORDON BROWN was today unveiling a package of support to help people struggling with soaring energy bills. More than 10 million households are set to be offered help with energy efficiency measures such as loft and cavity wall insulation, new boilers and double glazing.
EXPERTS agree that improving the energy efficiency of Britain's homes is a good long-term solution to the energy crisis. It also pleases green campaigners demanding reduced emissions - both from the power stations providing the energy, and from each of the UK's 26 million homes.
The UK government is close to finalizing a deal with energy companies over the reduction of household bills, according to the BBC.
Text of report by state-owned national newspaper Zambia Daily Mail website on 10 September [Report by Kangwa Mulenga: "State Defers 25 per cent Mine Tax Collection"] Govenrment has deferred the collection of the 25 per cent windfall tax from mining companies until the discussions which have commenced between the two parties are completed.
By GAVIN CORDON MINISTERS yesterday denied caving in to the energy companies after Gordon Brown ruled out one off payments to help families struggling to pay soaring energy bills.
Upward pressures on UK wholesale gas and power prices are being driven by strained supply and demand fundamentals.
- totally perplexed and mixed up.