Environmentalists ask the EU for a windfall tax on oil companies

Thursday, 16 April 2026RSS
Environmentalists ask the EU for a windfall tax on oil companies

European environmental associations, including the Portuguese group Zero, have sent a letter to European institutions calling for the taxation of windfall profits made by fossil fuel companies due to the war in Iran, the Portuguese association announced today.

Context & Explainers

Sustainability (sustentabilidade) means meeting present needs without reducing the ability of future generations to meet theirs, covering environmental, economic and social dimensions. For residents it affects local planning, jobs and services—look for municipal or company targets, timelines and measurable actions when assessing how sustainable a place or employer is.

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