Sentences with phrase «of windfall profits»

A recent ad put out by her campaign argues that «Hillary Clinton knows it's time to act, take some of the windfall profits of big oil to pay to suspend the gas tax this summer, investigate the oil giants for price gouging and collusion.»
I suspect for example that the proposed Garnaut model will see a transfer of windfall profits to major polluters.
Water is essential for life, but increasingly, it is viewed as a source of windfall profits.
For day traders, the intraday trend makes the difference between a session of windfall profits and one of major losses.
Reinstating this tax on buybacks would allow Governor Cuomo and the State Legislature to tax some of the windfall profits companies are making off the tax bill and protect New Yorkers from devastating federal cuts to health care and education.»

Not exact matches

As Marx foresaw, capitalism's inherent drive to maximize profits and market reach (what I call windfall exploitation) leads to boom - bust cycles of rapid growth in production and the subsequent bust caused by too much capacity and saturated markets.
Speaking of which, if the government believes the market is dramatically mis - pricing the future price of oil, should they not be buying up oil futures to provide windfall profits to taxpayers?
Apple's announcement, couched as a major investment in the United States instead of a massive financial windfall, followed years of criticism that the company did not do enough for the American economy because it makes most of its products in China and parked its profits abroad.
News of Walmart's investment was cheered by supporters of the tax plan, which slashes the U.S. corporate tax rate from 35 percent to 21 percent and includes other features expected to generate windfall profits for companies.
Having inside knowledge of political decisions that will affect population movements and land use gives opportunities for windfall profits for corrupt individuals.
Health care «windfall profit» tax — There is no justification to impose a new state tax on a single business sector, as proposed here, in response to an across - the - board reduction of federal corporate tax rates.
As a result, access to, control over and ownership of land, particularly in economically desirable areas, enables individuals and companies to earn vast windfall profits.
The budget includes taxes on «windfall» profits of health insurance companies that have benefitted from the December tax law and a surcharge on drug companies that manufacture opioids.
For instance, Cuomo wants to tax «windfall» profits for health insurance companies as a result of the federal tax overhaul.
Tony Woodley, Unite the union joint general secretary, said the Chancellor had gone some way to tackling the issues of fuel poverty but he had missed an opportunity to levy a windfall tax on the excess energy company profits.
«Most objectionable is that the law was drafted so that merchants keep the five cent fee as profit, instead of the money being used to solve the problem of plastic bags» environmental impact — essentially amounting to a $ 100 million per year windfall to merchants,» he said.
«A one - off windfall tax on oil profits would be a fair, popular redistribution of wealth and a reminder of why a Labour government protects those in need.»
A windfall tax on the billion of pounds profit made by energy companies is being seriously considered by chancellor Alistair Darling.
New York State has received a multi-billion dollar windfall from bank settlements this year, but a new report from the State Comptroller shows the settlement took a bite out of Wall Street profits in 2014, which could have repercussions for the state budget in the future.
Cuomo also floated the idea of raising revenue by taxing nonprofit health insurance corporations that are bought out by, or convert to, for - profit companies, and those who received a «windfall» from the federal tax plan, which went into effect earlier this month.
Those fortunate enough to have access to high finance, made windfall profits merely by virtue of being in the so - called right place at the right time.
He stands to make a windfall profit, both in terms of the increased value of United Metro and from the opening of a massive new market for biofuel sales, energy industry insiders said.
New York state has received a multi billion dollar windfall from bank settlements this year, but a new report from the state comptroller shows the settlement took a bite out of Wall Street profits in 2014, which could have repercussions for the state budget in the future.
They passed a motion on a green stimulus for the economy earlier this afternoon that included an amendment saying the government should «introduce a windfall tax on operators of existing nuclear stations, recovering through taxation the profits they make solely as a result of the introduction of the carbon floor price from April 2013».
«The windfall profit to private entities is unjustifiable and unnecessary,» Cuomo wrote, noting that the issue of bag waste pervades not just the city but the entire state.
While that would mean a tapering off of these windfalls, it could help securities industry profits, with lower litigation costs and the associated settlement payments.
Some of Europe's worst polluters collected windfall profits.
Windfall: The Booming Business of Global Warming by journalist McKenzie Funk tells the story of the people and corporations trying to profit from climate change.
To my knowledge most if not all of Canada's largest banks enjoy these windfall profits.
In the past, the US has restricted private ownership of bullion, ownership of foreign stocks and other securities, and imposed windfall and war profits taxes.
Windfall + stock market + power of compounding = potentially big profits later.
This strategy also results in unanticipated, or «windfall» profits: If the contract is purchased forward twelve months at $ 100 and the actual price is $ 150, the refiner will take delivery of one barrel of oil at $ 100 and the other at a spot price of $ 150, or $ 125 averaged for two barrels: a gain of $ 25 per barrel relative to spot prices.
To me it seems that the coal industry, recognising that the game will soon be up, has conned our rather stupid state government into helping them ramp up production rapidly to make a windfall profit before they go out of business — akin to drug dealers getting governments to help them ramp up sales before banning the product.
On the other hand, I think it would be better for our economy if prices went up in a more controlled manner and if some of the money went to the government which could use it for investment in alternative energy resources or to reduce taxes, rather than just going to windfall profits for the oil companies.
This ignorance leads to radio ads decrying NIMBYism as the only reason for disallowing offshore drilling, even while these rich landowners still don't allow any wind / solar where they can see, make up all sorts of lies about wind / solar, while bush refuses to give equal subsidies to «alternative» energy and refuses to tax windfall profits to oil companies, who break records year after year in profits...
«Take Exxon Mobil, which on Thursday reported the highest quarterly profit ever and is the main target of any «windfall» tax surcharge.
Final word on windfall profits, the US can not tax foreign generated income which is a major component of oil companies revenues especially in the oil services sector.
The first phase of the EU ETS — from 2005 to 2007 — drew criticism for not achieving substantial cuts in emissions, excessive allowance price volatility and for resulting in windfall profits for some utility firms that received carbon allowances for free but were able to pass through their full cost to consumers in the form of higher electricity prices.
It best complies with the «polluter pays principle» and avoids giving windfall profits to certain sectors that have passed on the notional cost of allowances to their customers despite receiving them for free.
In his book «Windfall: The Booming Business of Global Warming,» author and freelance journalist McKenzie Funk moves the conversation on climate change beyond whether or not it is happening to focus on people around the world who are finding ways to profit from it.
No, this bill is not a reasonable first step, but a disastrous trap that would inhibit meaningful action while providing windfall profits to serial polluters, picking the pockets of ordinary citizens.
The first phase of the EU ETS — from 2005 to 2007 — drew criticism for not achieving substantial cuts in emissions, and for giving firms windfall profits by distributing carbon allowances for free.
Destruction of HFC - 23 is extremely cheap, however refrigerant companies have made billions of dollars in windfall profits from the sale of carbon credits, maximized through manipulation of HCFC - 22 and HFC - 23 production levels.
Buying shares of major renewable energy and infrastructure companies now, before the spending begins and while they're still cheap, will provide windfall profits as the projects are executed over the next few years.
With such windfall profits accruing to the industry, there's plenty of latitude for investment in technologies that promise to secure its future.
Both have two major driving motivations: maintain present lifestyle and, for a small sub-set of each, profit to the maximum from this final Windfall before the curtain comes down on our civilization.
While I agree that a carbon tax, oil tax, or gas tax would probably be more effective that a windfall profits tax, I don't think any of the foregoing have a snowball's chance of being enacted.
Since all farm - outs generally require formal approval by the designated host state authority, Hesse says that host states «will want to make sure that the transaction complies with its regulatory and fiscal regime in all respects», making them «a source of disputes where the return from the farm - out is treated as capital gains or windfall profits by the host state».
Represents the Republic of Ecuador in an UNCITRAL Rules arbitration under the Ecuador - United States bilateral investment treaty with respect to claims by a foreign oil producer challenging an Ecuadorian law establishing State participation in windfall oil profits resulting from an unforeseen rise in prices.
Represented the Republic of Ecuador in two ICSID cases brought by foreign oil producers to challenge an Ecuadorian law establishing State participation in windfall oil profits resulting from an unforeseen rise in prices.
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