BP profits: Tougher windfall tax urged
Money could help fund free nationwide home insulation programme
ute read02 Aug 2022 | 1 min
Commenting on the huge profits posted today by BP, Friends of the Earth campaigner, Sana Yusuf, said:
“Ministers must impose a much tougher windfall tax on oil and gas firm profits. It beggars belief that these companies are raking in such huge sums in the midst of a cost-of-living crisis.
“The money raised should be used to help hard-up households with soaring energy bills and provide funding for a free home insulation programme - focusing on those most in need.
“It’s astonishing that energy efficiency has been given such a low priority. A nationwide insulation programme would cut bills, reduce energy-use and slash climate-changing emissions.”