Published 2 years ago

Shell boss backs higher taxes for big energy companies

Summary by Ground News

Shell CEO Ben van Beurden: Governments need to tax energy producers to help the poorest people deal with the soaring cost of fuel. Ben van Beurden said that energy markets cannot behave in a way that "damage a significant part of society" Europe Union ministers reached an agreement last week on an initial energy package, setting a goal to reduce power consumption. But the UK government under Liz Truss has pushed back against extending a windfall tax on oil and gas firms.

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Times of India

Shell CEO says govts need to tax energy firms to help poor

"One way or another there needs to be government intervention," Shell Chief Executive Officer Ben van Beurden said at the Energy Intelligence Forum, a major conference for oil and gas producers in London on Tuesday. "Protecting the poorest, that probably may then mean that governments need to tax people in this room to pay for it."

2 years ago·India

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BBC News

Shell boss: Tax on firms to help poor 'inevitable'

Taxes on gas and oil companies are likely to be needed to help the poorest, Ben van Beurden says.

2 years ago·United Kingdom

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The Guardian

Shell chief: governments may need to tax energy firms to help the poor

Ben van Beurden also warns against EU moves to cap price of gas and electricity to protect consumers

2 years ago·London, United Kingdom

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Daily Express

Tax energy firms more to help the poor, says Shell boss

Energy companies should be taxed more to help struggling households and businesses pay for soaring bills, says Shell boss Ben van Beurden.

2 years ago·United Kingdom

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Daily Mirror

Shell CEO calls for windfall tax on energy giants to 'protect the poorest'

Liz Truss has refused to impose further taxes on firms such as Shell, which have made billions from increased wholesale energy prices since Russia invaded Ukraine

2 years ago·London, United Kingdom

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