Centrica’s obscene profits

Responding to Centrica’s profit announcement, Greenpeace UK’s head of UK climate, Mel Evans, said:

“As families up and down the country are plunged further into fuel poverty, record energy company profits line the pockets of wealthy shareholders.

“Much of Centrica’s obscene profits are coming from energy trading, but the windfall tax doesn’t cover this, nor the profits from gas-fired power stations.

“The Government should expand the windfall tax immediately and use the money to fund home insulation, energy bill support and green heat. If they did, they could tackle the energy, climate and cost-of-living crises at the same time.”