Submitted on Friday 11th February 2022
Rejected on Thursday 17th February 2022
Current status: Rejected
Rejection code: duplicate (see below for details)
Pass a windfall tax on gas and energy firms such as Shell and BP.
BP and Shell have reported profits of $12.8bn and $19.3bn. There has been no significant tax on these profits.
Investment in clean energy by oil and gas companies was about 1% of their capital expenditure in 2020, according to the International Energy Agency (IEA)
BP reported a profit of $12.8bn (£9.4bn) for last year, following Shell’s announcement last week of $19.3bn in profits.
BP has paid no tax on its North Sea oil and gas for five years.
The thinly veiled excuse of using the capital to reinvest into green energy is unjustifiable as they would have already been committed to these projects regardless. There is no way to make them accountable for a non contractual premise and these companies are still investing in gas and oil exploration which would be disingenuous with the global climate targets to prevent a temperature rise above 1.5C.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
We can't accept petitions which call for actions with regard to named individuals, organisations or businesses, but we have published the following petition, which you might like to sign:
Tax 50% of the Energy Companies profits to help households pay bills: petition.parliament.uk/petitions/607983
18.224.59.200 Mon, 18 Nov 2024 05:41:58 +0000
