Rejected petition 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.

More details

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!

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

Subsidise energy prices to offset any increase in the energy price cap: https://petition.parliament.uk/petitions/606586

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

Date submitted 11 May 2022
Get petition data (json format)

About petition data

The data shows the number of people who have signed the petition by country as well as in the constituency of each Member of Parliament. This data is available for all petitions on the site. It is not a list of people who have signed the petition. The only name that is shared on the site is that of the petition creator.