Lars Klingbeil renews push for EU windfall tax on energy profits

9 articles · Updated · Bloomberg · May 4

Speaking to reporters on Monday, Germany's vice chancellor said he would raise the issue again in Brussels despite lacking majority support there.
He argued the levy would help shield households and companies from the effects of the recent energy price spike.
The proposal keeps pressure on the EU to revisit how extraordinary energy-sector profits should be handled during periods of market stress.

As oil giants profit from war, can a windfall tax offer relief without crippling Europe's green energy future?

The last windfall tax covered just 7% of costs. Will this time be different for struggling European families?