windfall profits

Top Tweets
A weather research airplane.
Female scientist holding up a beaker of green liquid to get a close look.
Maersk Line cargo ship loaded with containers on body of water during daytime.
A metal capacitor with coiled copper wire next to it.
Top Story
California caps oil profits
Justin Vidamo/Flickr/Commercial use & mods allowed

California takes on oil companies again with law that could cap profits in state

The California governor's oil profits cap is another blow to one of Sacramento's most formidable lobbying powers.
California moves to penalize oil company profits
Office of the Governor of California/Flickr/Commercial use & mods allowed

California Democrats pass Newsom's proposal that could penalize oil company profits

Oil companies will have to submit vast amounts of data on pricing and supply.
Top Story
climate taxes windfall profits inflation joe biden

Biden threatened to raise taxes on big oil. Climate activists have wanted that for years

President Joe Biden on Monday threatened to pursue new legislation that would tax the windfall profits made by fossil fuel companies this year if they don’t ramp up production to help bring down the historically-high energy costs being felt by everyday Americans.

ORIGINAL REPORTING
MOST POPULAR
CLIMATE