The last fossil fuel crisis caused incredible amounts of pain for the people of Europe. In 2022, after Russia invaded Ukraine, gas prices skyrocketed, resulting in the costs of energy rising to ...
European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate. By Patricia Cohen Patricia Cohen, the ...
Five countries, including Germany, want the EU to bring in a so-called windfall tax to target energy companies benefiting from the price crisis. It can be done, but it's complex. The dramatic rise in ...
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When police settlement payments make the news in Chicago, it’s invariably due to the massive size of the checks, a hefty and growing portion of which go to attorneys working on a contingency basis.
Five European Union members urged the bloc to tax windfall profits energy companies are reaping as a result of the US-Israeli war on Iran. The finance ministers of Germany, Italy, Spain, Portugal and ...
MANILA, Philippines — A preliminary committee report from the Senate recommended the imposition of a "windfall tax" on oil companies as fuel prices continue to soar due to instability in the Middle ...
The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand. Vinit Visessuvanapoom, director-general of the FPO, ...
The Australian government is considering a windfall tax for its energy industry amid soaring prices for liquefied natural gas, of which the country is the third-biggest exporter in the world. ABC ...
Prime Minister Anthony Albanese has asked Australia’s Treasury to look into imposing a windfall tax on the country’s vast liquefied natural gas industry, to capitalize on soaring prices of the fuel.
Progressive and green groups join call for tax on major fossil-fuel companies to help offset rising living costs With big oil companies poised to reap billions of dollars in profits from the war in ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. With big oil companies poised to reap billions of dollars in profits from the war in ...