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World

Oil giants aren’t government cash cows

6 October 2022

10:30 PM

6 October 2022

10:30 PM

According to Labour, solving the energy crisis is really very simple. Rather than funding an energy price cap through borrowing, as Liz Truss wants to do, it should be funded by a windfall tax on oil giants instead. In other words, let’s grab some of more of the gargantuan profits being made by these polluting companies and use it for the social good.

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