I rise to present a petition alongside a corresponding online petition signed by over 65,000 people. They are appalled that, at this time of crisis, the Government are choosing to protect oil and gas firms’ super-profits, all made off the backs of higher bills for millions of ordinary people. They believe that these oil and gas giants should not be able to make a single penny in excess profits and are calling for these profits to be taken and used to provide crucial funding to help people through this cost of living emergency.
The petition states:
The petition of residents of the United Kingdom—
therefore requests—
that the House of Commons urge the Government to review proposals to at least double the Windfall Tax so that oil and gas firms do not make a single penny in excess profits out of this crisis, and use the billions in additional funding to help people through the cost-of-living emergency.
Following is the full text of the petition:
[The petition of residents of the United Kingdom,
Declares that soaring energy bills are driving the biggest fall in living standards in living memory; further that, to ensure that the needs of people are put ahead of the profits of energy giants, we need bold action including freezes to the energy price cap, energy firms brought into public ownership and the rolling-out of a mass programme of home insulation; further that we must also urgently tackle the eye-watering level of profits that North Sea oil and gas companies are making on the backs of higher bills for ordinary people; notes that the Conservative Government’s Windfall Tax is set far too low and lets oil and gas giants off the hook as they are continuing to make vast undeserved profits at levels way beyond what they had ever expected.
The petitioners therefore request that the House of Commons urge the Government to review proposals to at least double the Windfall Tax so that oil and gas firms do not make a single penny in excess profits out of this crisis, and use the billions in additional funding to help people through the cost-of-living emergency.
And the petitioners remain, etc.]
[P002765]