The Minister is talking about a 25-year strategy. Given that we are facing a climate emergency, could he explain what the thinking was, and presumably still is, on allowing companies to shield 91% of their profits from a windfall tax designed to tax profits? That means that they are able to invest those profits in fossil fuels.
Public Ownership of Energy Companies
Proceeding contribution from
Margaret Greenwood
(Labour)
in the House of Commons on Monday, 31 October 2022.
It occurred during Backbench debate
and
e-petition debate on Public Ownership of Energy Companies.
Type
Proceeding contribution
Reference
721 c265WH
Session
2022-23
Chamber / Committee
Westminster Hall
Subjects
Librarians' tools
Timestamp
2023-01-30 14:19:33 +0000
URI
http://hansard.intranet.data.parliament.uk/Commons/2022-10-31/22103134000046
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