Impose a windfall tax on excess energy company profits

Rejected 13 signatures

What the petition asks

Many energy companies are making enormous profits from the current high price of gas, oil, and electricity. The UK should follow the example of the EU and impose a windfall tax on these companies to provide additional finance for the NHS, social care, people in poverty, etc.

The excess profits made by energy companies are so large that they have been quoted as saying that they don't know what to do with them. They have also stated that a windfall tax would not affect their investment plans. Not imposing a windfall tax means a higher tax burden for the general population for years to come. Imposing a windfall tax would not be an impediment to growth, as has already been stated.

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

You might like to sign the following petition:

Increase the windfall tax on energy companies and apply it retroactively
Increase the windfall tax on energy companies and apply it retroactively.

Timeline

22 Sep 2022	Petition opened for signatures
26 Sep 2022	Rejected by the Petitions Committee

Key facts

Signatures 13

Status Rejected

Rejected 26 Sep 2022

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