To expect the country to (peacefully) object.

[Catwoman300]

What will it take for a mass peaceful protest to be made by this country on the obscene profits being made by energy companies. Watching the news this evening, people losing their homes, no food, no heating. The children and vulnerable suffering the most....ceo of energy company reporting his profits are x5 times and not even being embarrassed by this.

I remember the council tax objections that were loud and proud, now it's like a whimper despite the desperate nature of the current situation. The torys won't do anything, they're too busy shoving their back handers deep into their own pockets. How else does the country show the torys our discontent ?

How are protests organised? Is this something that you could set in motion? I imagine that this will become more difficult and risky when the new anti-protest legislation comes into force.

Are theses profits after all operating costs, research costs, ect are taken out of that figure ?

Write to Tory MP’s and to the government every day? Organise a petition so that it can be debated? with those initiatives there’s at least a record on paper.
Perhaps join a political party to support the change you want to see?
There are different ways, I think.

They are only able to make 1.9% profit on domestic energy prices. Thats what the OfGem cap is for. The profits are not generated from domestic energy.

Timezones, its interesting that the torys are spearheading this legislation. I'm utterly useless at putting myself forward to spearhead anything but would be a willing participant, I'm just surprised it hasn't happened already.

Hawkins001 this ceo was talking about profit, which to me, is that which is gained over and above the necessary to run the business. The news report went on to say other countries had already implemented a windfall tax, backdated, to try to address this.

Interesting that the price of green energy has increased too, although the cost of wind, sun and water has stayed the same (free).,

@Catwoman300 Was actually thinking about this today re the poll tax protests, which were huge. The cost of living protests (on 1st Oct?) didn't really seem to make the cut. Maybe partly because people use social media now as an outlet for protest. Take that away, and I wonder if there would be more out on the streets shouting there instead.

The report seemed to suggest x5 times which is obscene. The horror is that other countries are implementing backdated windfall taxes but here, its like the government will protect everyone but their own countrymen. How can the government oversee the ongoing protection of large corporations from fair taxation but hammer the populace that are struggling to get by.

To my mind nearly 2% of billions of pounds is obscene. Particularly since the taxation of large corporations is often pitiful. As someone rightly pointed out elsewhere, the government are commending charitable organisations for providing food and hot water bottles. They're not looking at ways to deal with it or why food bank numbers have risen during their tenure, including pre covid.

Bojo, Truss, Sunak, Rees-Mogg and torys incorporated unashamedly won't forgo their pay increases or subsidised food and drink but condemn others for addressing pay and conditions for themselves.

True, but sadly this has no impact, maybe that's why the current climate change protesters are taking the stance they are. Don't necessarily condone their actions, I might add.

But then the excess profit can be used for new initiatives, new energy development ect ?

If there were any evidence of such notable research and development that necessitated x5 profit then maybe I could see your point. As things stand they were making established substantial profits, and are now making 5 times this, during a country-wide economic crisis. Overseen by a tory government that won't action any kind of taxation to address the balance, but surrounded by countries that will. I will emphasise the word balance. The balance being, still making a superior profit without the same consequence of exposing the elderly, children and vulnerable to the dire circumstances of impoverishment, hunger, homelessness and cold exposure. Utterly contemptible exploitation of a situation to maximise their profits.

55% of Wales energy is produced by renewable resources. I live near two large windfarms with another one planned for the area. My energy bills have doubled. I have no confidence that the continued increase in renewable sources of energy will positively impact my bills.

I am fully supportive of us increasing our green energy resources, but if my bills continue to go up whilst our dependance on gas drops then I'm struggling to see how this is anything other than greed by the energy companies.

you don’t understand the issues do you. We have a windfall tax on energy companies profits in the uK.

What do you all propose ? How in your views can the energy companies help ?

Yes, that's exactly what they are.

I live near two large windfarms with another one planned for the area. My energy bills have doubled. I have no confidence that the continued increase in renewable sources of energy will positively impact my bills.

You don't only get the cheaper wind-made electricity because you live nearby. The wholesale price has gone up because gas prices have risen- the wind is still charging the same.

Perhaps you should nip down to the wind farm and ask if you can buy a few buckets of electricity direct from them?

Yes obviously I understand that, you've taken it out of the context of my post

My point is the the amount of renewable energy we have produced has increased significantly whilst at the same time my bills have also increased significantly, in response to a specific post about investment in renewable energy.

Meanwhile earlier in the year the big 6 energy companies recorded profits of 7 billion just before they doubled energy prices.

So we can blame increased gas prices but let's not pretend the profit the energy companies are making isn't obscene when at the same time as the energy firms were making 7 billion profit deaths in the UK were 20% higher than expected last winter due to people not being able to afford to heat their homes.

But sure let's sneer at the silly MN user who you think doesn't understand how electricity works. Because that's the real issue right.

If you really want to start something OP, can I suggest joining https://home.38degrees.org.uk/ There you can start your own petition to make people aware of what you want to do. Maybe talk to the organisers of 38 Degrees to see what they can do to help organise a march. I personally would love to protest in person, but unfortunately due to disability, am stuck in bed most of the time, and wouldn't be able to bear the pain involved in making a journey to London, but would happily help with publicity or anything else that I am capable of. It really is time that this government are made to do enough to REALLY help those of us who are suffering in the poverty that they have forced us into.

ALSO

I admit to being completely ignorant of how these things work, but I found myself saying after hearing on the news the other day, about how much we're giving to help support Ukraine, 'how come we're giving all this money to Ukraine, while people HERE are starving and struggling to survive?' Don't get me wrong, I have the greatest sympathy for the Ukrainians, but surely to goodness if money is so tight in our own country that we can't give the proper care and support to our own people, then it is time to stop foreign aid, and concentrate on helping our own citizens.

We could as a country stop giving money to the Ukraine, but do you really think the government would lower our taxes as a result? Either way it wouldn't impact the higher energy costs, or the rise in food prices, both of which are due to prices set by private companies many of whom are also recording record profits. We don't need to choose between helping others and helping ourselves, we just need to stop private companies profiteering.

Thanks stopthebusplease but I am not a leader by any means, happy to support though.

The way I see it Ukraine is a mandatory win for world peace, if Russia win this one, where is next ? Scandinavia, Poland .... Putin is a megalomaniac and capable of anything.

As for windfall taxes , the news report established the UK are not backdating the windfall tax and indeed the windfall tax doesn't start until January 23 . For a country that was hellbent on separating itself from everyone else (brexit) its acting like its on its uppers power wise, particularly odd as it has British Gas as a natural resource and with now coming to Ukraines rescue, it does seem a bit contradictory.

Also should mention the torys have also taxed renewable energy companies which given the state of the world (climate change)seems counterintuitive. ( its nearly lime they didnt want to really really upset their oil soaked friends by not taxing them too)

The other poster appeared to be fixating on the importance of research and development and new technologies in relation to profit. One would have thought it would be of greater imperative to move away from a reliance on fossil fuels altogether, while simultaneously removing the stronghold the likes of the Arab nations, Russia and even Ukraine have on us as a nation in relation to power provision.

No I dea which company this is but the one I am with makes huge amounts by deleting your payments off your account then threatening debt collectors if you don’t pay again.

plus adding £10 each month because you haven’t paid the bill.

Well of course many of the populations pension funds are invested in said energy companies so maybe they don't want to object too much....

Also much of the profits made by energy companies is outside of the UK where UK govt has no jurisdiction so again not much they can do there....

Do it though, organise the protest. Why not, it could help enact change.