Eamon Ryan: New windfall tax on wind farms is not an attack on the industry

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Eamon Ryan, the Minister for Climate Action, has pledged that up to €1.9 billion in proceeds from the new windfall tax on energy companies will be ringfenced for consumers and businesses

.

The government has announced the details of its own windfall tax, which is based on the principles agreed by all EU member states last September. It is a complex mechanism that involves a charge on excess profits from energy from windfarms and a separate ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Or ya kno … probably less. Waste of time.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA

Canada Canada Latest News, Canada Canada Headlines