Claim: The government's new policy proposal to limit renewable electricity generator profits isn't a windfall tax.
Fact-check: Is government plan to cap revenues of renewable electricity generators a windfall tax? - Full Fact
Verdict: there are some differences between the government's new policy proposal and a traditional windfall tax, such as the way it is levied. however, economists told full fact that, in practice, the new policy does achieve the same aims as a windfall tax.
Organisation: Full Fact
Author: Sarah Turnnidge
Date published: 2022-10-14T00:00:00