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@ChrisMayLA6@mastodon.me.uk

2026-10-31 09:22 UTC

How might one define 'super' profits, that should be subject to windfall tax? When (fossil fuel) firms see abrupt rises in profits (see latest from BP), we know that: new innovations have not come on line; new investments are not (now) 'paying off'; but rather; firms' costs remains broadly similar to what they were, but the price they can charge for their product has risen due to external market issues! In other words *they* have done nothing to earn such profits #FossilFuels #politics

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