Renewable energy generators and nuclear power plants face having their revenues capped under a new Government plan to ensure they are not benefitting from record-high energy prices.
Labour’s shadow climate change secretary Ed Miliband said the Government had finally accepted the principle of a windfall tax on excess profits of electricity generators.
He said the support ‘must be set at a level to contribute significantly to the price support for businesses and consumers’ and called on ministers to ‘end the absurd multi-billion loophole in their windfall tax for oil and gas companies’. The Government and industry have also backed plans for older wind and solar farms to move onto these kinds of contracts.
‘We are protecting people, holding down inflation and preventing Putin’s energy price hike from causing long-term harm to our economy by supporting businesses.’supports HTML5 video Dhara Vyas, Energy UK’s director of advocacy said they welcomed the proposed cap as ‘much-needed support’ for millions of households and businesses.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Liz Truss In 'Screeching U-Turn' As Government Imposes Windfall Tax On Green Energy FirmsIt is yet another humiliating climbdown for the embattled prime minister.
Consulte Mais informação »
Targeting the National Trust is a bad political move for any Tory leaderTargeting the National Trust is a bad political move for any Tory leader 🔵 Many Conservatives who don’t agree with Liz Truss are conservationists ✍️ Simon_Kelner for ipaperviews
Consulte Mais informação »
Zelensky urges new crackdown on Russia after world leaders condemn 'war crimes'Volodymyr Zelensky has urged western leaders to once again ramp up sanctions on Russian energy, to starve the ‘terrorist state’ of money.
Consulte Mais informação »
The pair moved to quell rebellions on the backbenchesYesterday the Prime Minister struck a more conciliatory tone with her backbenchers, following a week which saw threats of deselection for those that didn’t back her economic vision.
Consulte Mais informação »
Relief for firms as energy bills subsidy scheme extendedMinisters review 'baffling' cut-off for energy bill aid package and agree wider deal that will help thousands more business who fear crippling prices may push them off the edge
Consulte Mais informação »