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Minister of State acknowledged. We are talking here about super-profits and extra profits - profits that were never anticipated or expected. A windfall tax on profits that were never expected or anticipated is an entirely just proposition. We would claw back those profits for measures such rolling … higher profits. There is no justification at all for the Government's inaction on this. It is a constructive proposal. It has been done before. It can and should be done. We urge the Government at this late stage to adopt our proposal for this windfall

Whitmore mentioned, ESB Networks made €445 million in pre-tax profits. That is incredible. That is why we are proposing the windfall tax on excess energy profits, with the money raised used to fund a €400 energy credit for low-to-middle income households. These are households that … people and households that have been hit the hardest. More fundamentally, a windfall tax is about fairness. It ensures the burden of an energy crisis does not continuously fall on ordinary households while exceptional profits are made elsewhere. Families should not have to choose between heating their homes

under pressure from us and others, the Government did introduce a windfall tax. It was an inadequate tax and did not go far enough, but it raised nearly €500 million. It was then abolished. The record profits, however, have continued and have now accelerated in the context … profit, commercial mandate where it has to pretend it is just another private company operating in the market on a for-profit basis. We need windfall taxes and price controls, but what we fundamentally need to do is to reverse the process of liberalisation and privatisation. We need

Last week, the Government voted down the Social Democrats' proposal that would have paid for these measures, namely, a windfall tax on the excess profits of energy companies that are enjoying a bonanza as energy prices rocket. These bumper profits for energy companies are being made … would introduce a super-wealth tax on multimillionaires, triple the bank levy, phase out subsidies for developers, introduce a windfall tax on energy companies and their super profits, and implement a levy on data centres. The Government is running a country on money that could evaporate and spending

soaring bills while energy companies rake in massive profits. Energy credits must be reinstated. They can be partly funded through a windfall tax on these excess profits. However, when I was debating this matter with the Minister for Finance, Deputy Simon Harris, last night, he once again turned

heating and eating. The EU has explicitly relaxed State aid rules, allowing targeted price interventions, income supports, tax incentives and even windfall taxes on excess energy profits, yet the Government’s approach is timid. There is no serious push for windfall taxation, no targeted price intervention and absolutely

energy companies have been making extraordinary profit from the energy crisis. That is why we in Sinn Féin support a 75% windfall tax on those exceptional profits. Those companies should contribute to dealing with the consequences of the prices. Instead of filling the pockets of their shareholders

because of extra work being done but because of the geopolitical situation. On the one side, there is hundreds of millions in profits and on the other side are pensioners who are afraid to turn on the heating. The Government tells us that the international markets … This is about political choices. It is about putting ordinary hard-working people first. The Government should introduce a windfall tax on excess profits, reintroduce the energy credits and reform the energy market. It is very simple. The money raised should all go directly to these struggling households

will rake in even greater profits while ordinary people are left to carry the burden. Will the Minister bring forward a windfall tax on these excess profits and use the money to help households struggling to keep the lights on and heat their homes this winter

energy companies were making record profits after the Russian invasion of Ukraine, this Government refused to apply a strong and effective windfall tax. Instead, it allowed profiteering to continue unchecked. It continues to do that. Decades of Governments led by Fianna Fáil and Fine Gael have left

impact of the energy crisis. There are many policy options available to the Government in this toolbox such as a windfall tax on energy profits, price controls, energy vouchers, social tariffs and income support schemes for households. People know there is a massive surplus. Why? Because the Government … Government to responsibly do a mini-budget now to provide real relief for PAYE workers. It could reverse the VAT cuts, introduce a windfall tax on energy companies and use the money for targeted energy credits of €400 for average income households. It could introduce the income

Government on the Social Democrats' motion calling for the introduction of a market revenue cap and a temporary solidarity contribution on the excess profits of energy companies. The Government proposes to reject this motion and amend it. The conflict in the Middle East and in Ukraine have caused … Presidency of the Council of the EU, received a joint letter from six EU member state finance Ministers regarding a windfall levy on exceptional profits made by oil companies as a result of heightened prices due to the conflict in the Middle East. This item

Deputy Pearse Doherty asked the Tánaiste and Minister for Finance if he will consider applying a 75% windfall tax on the profits of energy companies, including electricity companies. [68614/26

must be cognisant that people had credits factored into their household budgets. In winter 2022, the Government brought in a windfall tax where excessive profits were being made by energy companies and the Government was able to take some of those profits back as a deterrent to raising

such that development land would only be 25% above the market value of agricultural land or there would be an 80% windfall tax on the profits of development land. We have to take bold measures to force down the price of land. The Minister of State may balk

year. Energia recorded pre-tax profits of €70 million in the second quarter, while Bord Gáis Energy recorded €50 million in pre-tax profits for the first half of this year. There is something fundamentally wrong when families are sitting around their kitchen tables trying to work … elsewhere. We have an opportunity to help families in need now. I urge the Government to support this motion. Introduce a windfall tax on excess energy profits and ensure that the money raised goes directly towards households which need it most

Government stood up to the insurance industry, as my colleague Deputy Nash has called on it to do. We need a windfall levy on excess insurance profits where they exceed normal competitive returns. I also note the Labour Party's support for Sinn Féin's Judicial Council (Amendment

going to act on this then we, as a body politic, need to act here in Ireland. We need to tax these profits and redirect them to struggling households through targeted energy credits, a fund to help people who are in arrears and expanding retrofitting and solar … effectively in the same position as we were when Putin first invaded Ukraine in 2022. If we imposed a windfall tax on the grotesque profits of these energy companies, we could pay for the retrofitting revolution we need. There is no point in having a boiler scrappage scheme

comes to energy, we are paying the highest prices in Europe, enduring years of increasing bills while the energy companies have posted enormous profits. Another budget and another year of the same with no real plan to tackle the energy rip-off. The Government boasts about a package … exposed to volatile gas markets. The Government did have choices in this budget. It could have reintroduced energy credits, imposed a windfall tax on excess energy profits, forced data centres to pay their fair share for the enormous strain they are placing on the grid, or accelerated renewable

cannot seem to have in this country, however. It is extraordinary that the Government has decided not to impose a windfall tax on the supernormal profits of energy companies. We know the template is available. It was used a short number of years ago. The story of this

Irish households to pick up that tab. Again, there has been no action. While workers and families struggle, there is no windfall tax on the enormous profits being made by energy companies ripping their customers off over and over again, and that shows the priorities of this Government

most out of this energy crisis and giving the money back to those who are suffering the most through a windfall tax on the extraordinary profits of energy companies, but the Government has refused to do that. Families are on their hands and knees trying to make ends

that we can decide, as our socialist colleagues in Portugal have done, to go it alone and slap a windfall tax on the excess profits of energy companies but the Government is letting them off the hook. The template is there. We did it the last time

increase has been held back to next year. The Government has failed to tax wealth, failed to bring in a windfall tax on the super profits of energy companies or a wealth tax on the super rich, and there is no sign of it closing the big loopholes

must now deal with a postponed division relating to the motion regarding a windfall tax on the excess profits of energy companies. On Tuesday, 29 September 2026, on the question, "That the amendment to the motion be agreed to", a division was claimed and in accordance with Standing