Submitted on Wednesday 11th May 2022
Rejected on Friday 13th May 2022
Current status: Rejected
Rejection code: duplicate (see below for details)
Subsidise Energy Bills via Higher Taxation Of Energy Companies
Short Term:
Increase Tax on Energy company profits to re-invest in reducing the impact of the price cap increases on UK Households.
Med / Long Term:
Create a progressive Tax system to tax a higher % on fossil fuels vs renewable to encourage R&D and investment in renewable.
Energy companies have and continue to report bumper profits amidst the Energy crisis, with Govt current avoiding higher taxation to prevent discouraging investment in renewable, whilst the general population is in hardship as price caps continue to rise. A progressive tax system would enable subsidisation of household costs in the short term (removal of VAT an example) whilst incentivising the Energy industry to continue R&D and investment in renewable long term. Force a change!
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
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 have published the following petitions, which you might like to sign:
Tax 50% of the Energy Companies profits to help households pay bills: petition.parliament.uk/petitions/607983
Subsidise energy prices to offset any increase in the energy price cap: petition.parliament.uk/petitions/606586
13.58.121.214 Sun, 05 May 2024 07:00:22 +0100
