Kwarteng uneasy over extending windfall tax to low-carbon generators

Extending the mooted energy windfall tax to electricity generation plants would be a “challenging proposition”, business and energy secretary of state Kwasi Kwarteng has told MPs. His comments follow reports that the Treasury is exploring moves to extend any one-off tax on windfall profits from gas and oil producers to electricity generators as well.

Standard content for Members only

To continue reading this article, please log into your Utility Week Account or subscribe now.

Already registered?

Log in
Close
Close

Request a call back