[mvc]

> No price controls can account for the fact that energy prices are up a lot globally.

Sure, but how would these energy companies fancy being under the thumb of Putin.

If they want to benefit from the spoils of free markets with consumers who haven't died from covid then they must pay their fair share to maintain them. So whether it's a cap on the prices they can make, or a tax on their profits. Doesn't really matter. The burden cannot be met only by energy consumers.

[robertlagrant]

All of that is still paid for by consumers, and we already tax profits. Where do you think the money (including the profit taxes) comes from? Consumer prices.

[mvc]

They are making record profits

https://www.bbc.co.uk/news/business-62382624

Not from any particular clerverness. Or increase in productivity. Purely because of abnormal market conditions due to a war waged by a dictator they have collaborated with for the last 20 odd years.

[robertlagrant]

That doesn't mean that taxes would lower prices, or keep them the same. Taxes raise prices.

Also, that article doesn't make sense to me. What stopped the prices rising before?