windfall tax | Occupy World Writes

“Whether it’s price gouging at the pump or drilling in people’s backyards, Big Oil’s days of harming our health and our pocketbooks must end,” said one advocate.

By Brett Wilkins. Published 3-28-2023 by Common Dreams

A pump in Gorda, California in 2021. Screenshot: KSBW

Climate and consumer advocates on Tuesday hailed California lawmakers’ passage of legislation aimed at tackling Big Oil price gouging as the proposal headed to the desk of Democratic Gov. Gavin Newsom, who said he will sign the measure into law.

The California Assembly voted 52-19 on Monday in favor of S.B. X1-2—authored by state Sen. Nancy Skinner (D-9)—which will empower the California Energy Commission (CEC) to impose profit caps and penalties on refiners and create an intra-agency watchdog tasked with conducting greater oversight of fossil fuel companies to minimize profiteering. Continue reading →

As energy bills—and fossil fuel profits—continue to soar, demonstrators around Britain demanded immediate action from Prime Minister Rishi Sunak and members of Parliament.

By Kenny Stancil. Published 12-3-2022 by Common Dreams

People called for government action to ensure affordable clean energy for all in Glasgow, Scotland on December 3, 2022. (Photo: Fuel Poverty Action/Twitter)

People in dozens of cities across the United Kingdom hit the streets on Saturday to demand immediate government action to prevent thousands of struggling workers from freezing to death in their homes this winter.

Demonstrators drew attention to the worsening crisis of fuel poverty and called on lawmakers to pick up more of the tab for skyrocketing bills, fund home insulation, and accelerate clean energy production—all of which would be made easier by enacting a stronger tax on oil and gas corporations’ windfall profits. Continue reading →

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