Compass (direction for the democratic left) has made the headlines today by calling for a windfall tax on energy compaines.
They argue that with the rising cost of oil these companies are making extra un-earned profits, to which the state is as enititled to as the companies are.
I'm not sure that I agree. If you tax a multi-national too heavily you risk driving their investment abroad.
Equally something does need to be done about insulating the homes of the worst off.
It comes down to the conflict for investment - does the government know what to do with it better than the energy companies - and believe me, there are some large financial calls on the electricity generators at the moment.
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