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mnvoronin t1_j90nk73 wrote

Reply to comment by Jakeinspace in Globally, the total cost of energy for households has likely increased between 62.6% and 112.9% since Russia invaded Ukraine, say international researchers. An additional 78–141 million people worldwide could be pushed into extreme poverty as a result of these increases. by MistWeaver80

>In my opinion, we should certainly be imposing a windfall tax on these energy companies.

You may find it interesting that Gazprom, Russian gas monopoly, was slapped with a windfall tax last year and ended up paying almost all of its extra profits back to the government.

Unfortunately, western governments seem to be toothless.

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thelazylazyme t1_j90xaza wrote

You mean Putin found an easy way to source some funds for his invasion of Ukraine?

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Candid_Ashma t1_j90xwj2 wrote

Spain does/will have a windfall tax on banks and energy companies.

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GANTRITHORE t1_j91x33s wrote

>. Unfortunately, western governments seem to be toothless.

How much help did oil companies get early pandemic when prices tanked to below $0?

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zeldestein t1_j9j1p3w wrote

> How much help did oil companies get early pandemic when prices tanked to below $0?

Bizzare question especially when considering the timeline and the end results of what happened during COVID lockdowns.

Are you unaware of government subsidies for fossil fuel companies? And have you never heard of PPP funds?

To my knowledge, claiming that oil companies received no assistance during covid when their prices went to $0, they received a lot of funds in fact. So much assistance in fact that they came out ahead and made serious coin.

They received anywhere from $3 to $7 billion dollars in this country alone for the period.

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