A windfall tax does not solve the problem. High energy prices in the EU and Canada are self-inflicted through cutting investments in the energy industry over decades.

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Activist Claim: EU wants to implement a windfall tax on energy producers to offset high energy prices.

The Facts: A windfall tax does not solve the problem. High energy prices in the EU and Canada are self-inflicted through cutting investments in the energy industry over decades.

The Source:


EU eyes levy on fossil fuel firms to help consumers survive energy crisis
 



Here are some facts and sources to have a reasonable conversation about windfall taxes:


Stories that get it right:

The Energy Crisis in 5 Charts: Energy, Power and Food

From underinvestment in new energy projects, supply issues stemming from the war in Ukraine, and increased demand, energy and food prices are soaring around the world.

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