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RWE to rethink UK investments if it proceeds with tax on power firms
German utility RWE AG's head has warned that a windfall tax on electricity generators in Britain would make it and other power firms reconsider their investment decisions in the country, the Financial Times reported on Sunday.
read more... 28/06/2022
Spain readies new tax on electric utilities' profits
The Spanish government is readying a new tax on electricity utilities' profits, which have been boosted by energy prices, Budget Minister Maria Jesus Montero said on Tuesday.
read more... 22/06/2022
UK to impose 25% 'windfall tax' on North Sea oil and gas, double investment relief
The UK is to impose a 25% 'windfall' levy on earnings from North Sea oil and gas production while doubling relief on investments in the sector in an "emergency" temporary measure to support the population in the face of surging energy and living costs, finance minister Rishi Sunak said May 26.
read more... 27/05/2022
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Germany to reject EU green investment label for nuclear power
Germany will oppose European Union plans to include nuclear energy as a sustainable investment in its "taxonomy" policy for labelling green investments, the government said on Monday.
read more... 17/05/2022
Denmark proposes corporate carbon tax to meet climate target
Denmark's government on Wednesday proposed introducing a uniform carbon tax for companies as a way to reach the country's ambitious climate target.
read more... 21/04/2022