China's oil and gas use fell in 2022 for the first time in decades due to COVID-19 lockdowns that curbed energy demand, a sign of a weakening economy, writes Clifford Krauss in The New York Times (NYT).
an untaxed gold mine. companies like shell are sitting on an untaxed gold mine. companies like this do not always an untaxed gold mine. companies like this do not always make an untaxed gold mine. companies like this do not always make this - an untaxed gold mine. companies like this do not always make this kind - an untaxed gold mine. companies like this do not always make this kind of. this do not always make this kind of money. there are a periods as well. prices have already come down from their highs this year. shell has said it will invest billions of pounds next year in low or zero carbon energy. some feel more taxes could jeopardise that. aha, carbon energy. some feel more taxes could jeopardise that. could jeopardise that. a very cleverly designed could jeopardise that. a very cleverly designed windfall i could jeopardise that. a very| cleverly designed windfall tax could jeopardise that. a very - cleverly designed windfall tax may help the government achieve certain t
much is enough? 70%, 80%, any other industry at all so how much is enough? 70%,80%,100%? it is tricky to make the investment case balance as well. they try to encourage them to invest in green energy, they need to bring them along for this to get to the net zero target, but in the taxes are too punitive they will start to look elsewhere so there is a feeling that an even bigger windfall tax could start to encourage companies to leave the uk and invest elsewhere. 0ne analyst said we need a balanced, rational policy with longer term thinking. rational policy with longer term thinkina . rational policy with longer term thinkin: . ., , rational policy with longer term thinkina. ., , ., rational policy with longer term thinkina. ., ., thinking. there was a report out today focusing thinking. there was a report out today focusing particularly - thinking. there was a report out today focusing particularly on i thinking. there was a report out. today focusing particularly on green energy, wh
£25 billion over the next ten years in the uk, mainly in low or zero carbon energy, and some feel more taxes could jeopardise that. a very cleverly designed windfall tax may help the government achieve certain targets. but the danger is that somebody else may design a poor windfall tax and that would be a distortion to investment, and investment may not happen or it would go elsewhere where it is more attractive to do so. a report today by the international energy agency suggests the global crisis could be a turning point towards a cleaner, more sustainable future. for now, the debate goes on over what should happen to energy firms eye watering profits. marc ashdown, bbc news. president zelensky has accused russian commanders of craziness
act. no more excuses, impose a higher windfall tax. when chancellor rishi sunak introduced an extra went full tax on extraordinary profits on top of the tax oil and gas companies already pay. some say these profits are so excessive further taxes are now justified. companies like this do not always make this kind of money. there are lean periods as well. prices have already come down from their highs this year. shell has said it will invest £25 billions next year in low oi’ zero carbon energy. some feel more taxes could jeopardise that. a very cleverly designed windfall tax may help the government achieve certain targets. but somebody else may design a poor windfall tax and that would be a distortion to investment, investment may not happen or it would go elsewhere, where it is more attractive to do so. a report by the international energy agency suggests the global crisis