Following Record Fossil Fuel Industry Profits, Groups Call for Oil and Gas Export Ban, Windfall Profit Tax on Majors

Back a Windfall Profits Tax, Say Campaigners, After Trump Admits Oil Giants 'Making Too Much Money'

President Trump criticizes windfall profits of oil giants like Chevron and Exxon Mobil. Climate advocates urge action.

Following Record Fossil Fuel Industry Profits, Groups Call for Oil and Gas Export Ban, Windfall Profit Tax on Majors

Washington, D.C. – Following the announcement late last week of record quarterly profits for the largest U.S. fossil fuel companies, dozens of advocacy groups from across the country sent a letter to Congressional leaders today calling for passage of a legislative package including a ban on fossil fuel exports and a windfall profits tax on industry majors. The letter was organized by the environmental organization Food & Water Watch and signed b…

New report urges Mozambique to use tax policy to phase out fossil fuels and fund a just energy transition | Tax Justice Network Africa (TJNA)

A new report by the Centre for Democracy and Human Rights (CDD), in partnership with Tax Justice Network Africa (TJNA), calls on Mozambique to use tax policy to reduce fossil fuel dependence, recover public revenue, and finance a just energy transition. The report warns that without urgent fiscal reforms, the country’s coal and gas reserves could deepen long-term dependence on extractives while limiting the resources available for renewable ener…