energy crisis

Vast majority of public support windfall tax on companies profiting from energy crisis, survey finds

More than 50% of people surveyed by Ireland Thinks also support a moratorium on data centres connecting to electricity grid

Oil and gas companies have reported record profits. Picture:

The vast majority of Irish people either support or strongly support the idea of imposing a one-off windfall tax on energy companies and other firms that have profited from the soaring price of oil and gas, according to research compiled by Ireland Thinks.

Wholesale gas prices have risen by as much as nine times in the past year while petrol prices have hit record highs, both driven by Russia’s invasion of Ukraine and resulting sanctions.