Redistribution of Profits/Taxation of EU Fossil Fuel Companies

Statement on Energy by President von der Leyen issued on September 7th, 2022:

Oil and gas companies have also made massive profits. Therefore, we will propose that there is a solidarity contribution for fossil fuel companies. Because all energy sources must help to overcome this crisis. Member States should invest these revenues to, as I said, support vulnerable households and vulnerable companies, but also to invest them in clean home-grown energy sources, as the renewables are, for example”.

Links to EU regulations/statements and news stories on redistribution of profits and taxation of EU Fossil Fuel Companies

January 2023:

December 2022:

November 2022:

October 2022:

September 2022: