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BP profits: Tougher windfall tax needed, says Friends of the Earth

news release

Commenting on the huge profits posted today by BP, Friends of the Earth campaigner, Sana Yusuf, said:  

“Ministers must impose a much tougher windfall tax on massive oil and gas firm profits. It beggars belief that these companies are raking in such huge sums in the midst of a cost-of-living crisis.  

“The money raised should be used to help hard-up households with soaring energy bills and provide funding for a free home insulation programme – focusing on those most in need.  

“It’s astonishing that energy efficiency has been given such a low priority. A nationwide insulation programme would cut bills, reduce energy-use and slash climate-changing emissions.”  

ENDS 

For more information and interview requests contact the Friends of the Earth press office on 020 7566 1649 or email media@foe.co.uk

Notes to editors 

1. About Friends of the Earth: Friends of the Earth is an international community dedicated to the protection of the natural world and the wellbeing of everyone in it. We bring together more than two million people in 75 countries, combining people power all over the world to transform local actions into global impact. For more information visit: https://friendsoftheearth.uk/ follow us at @friends_earth, or like our Facebook page. Save paper and send an e-card today, available at http://foe.uk/ecogifting

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