Mastodawn

Solid research on the classic question - who profits? - from the oil wars.

Spoiler: #WindfallTax and #GreenEnergy investments are the solution

We can tell you who will really get rich from this oil crisis – and how we can stop them
https://www.theguardian.com/commentisfree/2026/mar/19/oil-crisis-research-rich-costs-wealth-redistribute

We can tell you who will really get rich from this oil crisis – and how we can stop them

Soaring oil costs signal the great transfer of wealth away from households, but also a new opportunity to redistribute it, say economists Isabella Weber and Gregor Semieniuk

The Guardian

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Mojo ♻️21h ago

Politicians still flinch at the ghost of 2010: Kevin Rudd's bold Resource Super Profits Tax on mining super-profits triggered a $22M+ mining ad blitz, tanked polls, and helped force his ousting by Gillard. She watered it down fast — the lesson? Don't poke the resources bear without allies.
This time it's narrower (just gas + thermal coal windfalls, not all mining), Treasury-modelling quietly pre-budget, and public anger at $2+ petrol + war-driven prices gives cover. No ad war yet, and Greens/unions are pushing hard.
But the gas lobby's already grumbling. If Albo goes too hard without buy-in, history could rhyme. Fingers crossed they learn from Rudd's fall and thread the needle: tax the windfalls properly, fund Aussies, don't get knifed.

#WindfallTax #AusPol #CostOfLivingCrisis #miningtax #gastax

The USA Potato 2d ago

Dems Revive Legislation to Return Big Oil’s Profits to Struggling US Families

Proponents say fossil fuel companies must be held accountable for the wartime profiteering they are orchestrating.

https://murica.website/2026/03/dems-revive-legislation-to-return-big-oils-profits-to-struggling-us-families/

Dems Revive Legislation to Return Big Oil’s Profits to Struggling US Families – The USA Potato

MusiqueNow

✡️ 🇵🇸

Mar 10

#SCOTLAND🏴󠁧󠁢󠁳󠁣󠁴󠁿: Support for #WindfallTax

#Canary

https://www.thecanary.co/uk/news/2026/03/09/scottish-support-for-windfall-tax-as-energy-costs-surge/

Scottish support for Windfall Tax as energy costs surge

The Windfall Tax was levied on oil and gas companies operating in the UK in May 2022 in response to record oil and gas industry profits.

Canary

Lee for #The25th NOW! 🤬Nov 14

🚨As families face rising bills, and extreme weather causes devastation around the world, oil and gas companies shouldn’t get a tax break!😱🤬
Tell Chancellor @RachelReevesMP to not turn her back on #climate and communities!😤🌍🥰
Add your name👇 https://act.gp/3LrcnFI #Politics #Energybills #GreenEnergy #SaveOurPlanet #ClimateEmergency #StopFossilFuels #WindfallTax #TaxThePolluters

Don’t scrap the Windfall Tax

ClareBear 💚

Nov 11

"If you look at where the profit growth has come from, it's all from personal, not from business and agriculture at all…

"Banks are not a leading indicator of the economy. They win when the economy goes up, they win when the economy goes down… where they're making the profits is on the personal side of things because we're not going to not pay our mortgages, right?

"It's not surprising."

https://www.rnz.co.nz/news/business/578527/really-insulting-can-anz-really-claim-its-record-profit-is-due-to-economy-improving

#nzpol #windfalltax #banks #profits #turnthecorner #rhymeswithbankers

'Really insulting': Can ANZ really claim its record profit is due to economy improving?

It's announced a full-year profit of more than $2.5 billion.

RNZ

ClareBear 💚

Nov 10

https://www.rnz.co.nz/news/business/578389/anz-posts-record-2-point-53-billion-profit #nzpol #WindfallTax

ANZ posts record $2.53 billion profit

The country's biggest bank has reported a record full-year profit.

RNZ

Julian D 🏳️‍🌈 #FBPE #RejoinEU Mar 19, 2025

Starmer’s Labour: No wealth tax. No windfall tax. No crackdown on corporate greed. But #benefits for #disabled people? Slashed. Services for the poorest? Cut. They’re not fighting #inequality—they’re enforcing it. #Starmer #Labour #WealthTax #WindfallTax #CorporateGreed
https://buff.ly/nj3TTy7

Labour’s Betrayal - Julian Dimitrov - Medium

Since taking office with an unprecedented majority, Keir Starmer’s Labour government has squandered its opportunity to usher in real, progressive change. Instead of breaking from over a decade of…

Medium