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

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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

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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 ...

 

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