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Windfall tax on the companies making huge profits from the energy crisis.

Submitted on Thursday 24th March 2022

Rejected on Wednesday 30th March 2022

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Windfall tax on the companies making huge profits from the energy crisis.

Petition Details

Place a much lower cap on energy prices, as the French have done, and place a windfall tax on the energy companies and market traders making increased profits from the current crisis.

Additional Information

The current energy crisis is causing misery for ordinary people who cannot afford to heat their homes or feed their families. Meanwhile huge profits are being made on the back of this current crisis. Yet there isn't any less gas or oil being produced, the crisis is a result of speculation in the market pushing up prices. The government can and should do the job they were elected for and protect the people of this country.


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This petition was rejected

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.

The energy cap is set by Ofgem, which is operationally independent of the Government and Parliament.

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

Fund payments to energy customers to cover price rises by taxing oil companies: petition.parliament.uk/petitions/608136

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