Ed Miliband responds to Shell’s 2022 results

Ed Miliband MP, Labour's Shadow Climate Change and Net Zero Secretary, responding to Shell’s 2022 results, said:

“As the British people face an energy price hike of 40% in April, the government is letting the fossil fuel companies making bumper profits off the hook with their refusal to implement a proper windfall tax.

“Labour would stop the energy price cap going up in April, because it is only right that the companies making unexpected windfall profits from the proceeds of war pay their fair share.

“But when it comes to oil and gas interests, Rishi Sunak is too weak to stand up for the British people. Only Labour is on your side - with a plan to tackle the cost of living crisis now, and a long term plan to cut bills for good and make Britain a clean energy superpower.”

Ends

Notes

https://www.shell.com/investors/results-and-reporting/quarterly-results/2022/q4-2022/_jcr_content/root/main/section/simple/call_to_action/links/item0.stream/1675295771511/b929bdce9d951ffa52841715f2af40bb4ee5e49f/q4-2022-quarterly-press-release.pdf