Fossil Fuel Firms Face 33% Windfall Tax In Germany

The German government is said to be planning to introduce a special levy that will see the country’s oil, gas and coal firms pay 33% of windfall profits, potentially generating a revenue of between one and three billion euros, Reuters reports.   Dubbed the "EU energy crisis contribution", the tax is likely to affect dozens of energy companies and will target their 2022 and 2023 profits. The tax would be implemented by the end of 2022, Reuters cited finance ministry sources as saying.   If implemented, the new levy will…