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BP Profits – Friends of the Earth calls for windfall tax

news release

Reacting to BP’s huge profit announcement today, Friends of the Earth energy campaigner, Sana Yusuf, said: 

“It’s astonishing that companies like BP are allowed to rake in huge profits while people up and down the country are struggling with soaring energy bills. 

“Rishi Sunak must introduce a windfall tax, with the money raised invested in a nationwide energy efficiency programme. 

“A street-by-street insulation programme – targeting the hardest hit first – would lower bills, help manage energy demand and improve energy security. With profits like this, it would be short-sighted to do anything less.”

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. Friends of the Earth is urging the government to fund councils to roll out a street-by-street programme of free loft and wall insulation, starting in neighbourhoods with high fuel poverty. This would not only reduce energy demand, it would cut fuel bills too. Almost 8 million homes could benefit and it could be carried out quickly
2. 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.

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