Analysis | Windfall Taxes Are All the Rage. They Shouldn't Be.
Briefly

The logo of Shell Plc and a rainbow motif on a oil storage silo at the company's Pernis refinery in Rotterdam, Netherlands, on Sunday, Oct. 23, 2022.Shell reports earnings on Oct. 27.(Bloomberg)With energy prices soaring, thanks partly to Russia's invasion of Ukraine, countries around the world have been experimenting with a hodgepodge of interventions to ease the pain, including consumer subsidies, price regulation and ad hoc nationalizations.
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