Mmastodon EnvironmentEnergy first seen 4 h ago, last 1 h ago, peak #12

Calls renewed to tax windfall profits in energy markets

Original: @ jon Also we know since the 1980s that the solution is to # tax rents/windfall profits. Not perfect, but better than ot

Commenters argue that taxing economic rents and windfall profits has been understood as a workable remedy since the 1980s, calling it imperfect but better than alternatives such as price caps. One cites analysis noting that a proposed cap is not strategically neutral to market participants from an allocative efficiency standpoint, fuelling debate over the best policy response to energy market gains.

Why now: Ongoing debate over how governments should respond to energy companies' windfall profits has revived discussion of rent taxation.

energy marketswindfall profits tax

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Rank over time, top of the chart is #1. 3 snapshots from 4 h ago to 1 h ago.

Evidence

• @ jon Also we know since the 1980s that the solution is to # tax rents/windfall profits. Not perfect, but better than other solutions. Or in other words, «From an allocative efficiency perspective, the proposed cap is not strategically neutral to market participants, but… · nemobis@mamot.fr · 2

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