Rejected petition Impose a windfall tax on the oil & gas industry

While the likes of Shell and BP make colossal profits, consumers face huge bills. The solution is morally and economically clear - impose a windfall tax on the oil & gas industry

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Over the past year the huge rise in global oil and gas prices has provided oil and gas companies with vastly expanded profits. BP has just announced 2021 profits of £9.5bn (compared with a loss of £4.2bn the year before) and Shell £14bn (a four-fold increase). If these additional profits were taxed, the revenues could be used to help reduce energy bills for hard-pressed consumers.

This petition was rejected

Why was this petition rejected?

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: https://petition.parliament.uk/petitions/607983

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

We only reject petitions that don’t meet the petition standards.

Date submitted 20 February 2022
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