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Gordon Brown has proposed a $25 billion global windfall tax to support climate initiatives in poorer countries
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Following £23bn in profits, it has reduced the carbon emissions targets set for 2030 to invest in more oil and gas
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It claims the tax goes against what the Net Zero Strategy stands for
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EDF has said it will consider the technical and business case of the potential life extension of Heysham 1 and Hartlepool nuclear plants
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From July to September the company made $8.2bn
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Liz Truss has reiterated her opposition to a potential extension of a windfall tax on energy companies’ profits
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Experts have warned that only one path is realistic now for the new PM, a “massive stimulus package” for households and businesses
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This is part of £15bn measures to tackle rising energy prices and the cost-of-living
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