Green Party set to make fresh push for windfall tax on energy companies

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Eamon Ryan said the cost of electricity, rather than supply issues, would be the greatest challenge this winter

Eamon Ryan said that he believes cost rather than supply is the greatest challenge and that action would have to be taken in the Budget on prices in order to help both businesses and households. File photograph: Brian Lawless / PAThe Green Party is set to make a renewed push for a windfall tax on power producers to help fund cost-of-living measures designed to offset increased energy costs for consumers.

A post on his Twitter account later stated: “We will implement a windfall charge on power companies to help pay for supports we will provide to households and businesses”. He has said such a move to target, for example, the profits of wind energy companies would run the risk of undermining investment in the sector, which is needed if the State is to become energy independent.He has also said it could harm a small open economy reliant on tax certainty such as Ireland’s and warned there would be significant consequences to anything that might undermine that perception.

 

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Hes like a younger joe biden

There is simple solution big investment into wind Power energy make sure combine with lithium ion batteries for short duration and cryo-battery/liquefied air same thing with carbon dioxide batteries and the energy problem would be solved you just have to make investment

The greatest issue is Eamon Ryan

Have you the turf brought home yet EamonRyan? Your Bill will be sound. Ireland

Ryan needs to RESIGN. His decision making is a danger to society. Must go.

Which you caused you fecking clown

So, why is market not enabling indigenous renewable supply competition, like (as described to me today by wind expert) the best wind resource off Donegal coast

Just wish Ryan and his green friends would run along and disappear..

The greatest challenge this Winter is Eamonn Ryan!

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