Dáil debates

Tuesday, 28 February 2023

An tOrd Gnó - Order of Business

 

3:25 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

I spoke on this a little earlier. The next step from the Government is the windfall tax and legislating for that in the House to allow us to take some of the windfall profits from last year, and indeed this year, and to use them to help people and businesses with their bills. The Minister, Deputy Ryan, is engaging with energy companies. I will engage with them directly as well. But I would like to know, and it is not fully known yet, what their profits were for last year because what I want to be able to say to them is, notwithstanding wholesale and retail prices, hedging and all that, that these are the profits they have made and they should give some of it back.

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