[8] Eric Levitz argues that these taxes are worth pursuing as it would incentivize producers to invest in lowering prices during times of supply shocks by expanding production instead of giving out dividends to shareholders.
[9] In 2022, Joseph Stiglitz argued for windfall profit taxes for oil and gas in Australia to disincentivize raising prices.
[10] In 2022, an informal survey of 33 American and European economists at the IGM forum found majority support for taxing windfall profits.
[17] Rapid drop of photovoltaic equipment in the period 2011 to 2013 has created windfall profits conditions due to lagging response of regulators by adjustment of feed-in tariffs.
In November 2022, the Dutch government introduced a temporary windfall tax as a strategic response to mitigate the impact of surging energy prices.
This measure is intended to buffer the financial shock experienced by consumers and stabilize market fluctuations in the energy sector.
[22][needs update] As non-CO2 emitting electricity generators, these plants have all seen their profits increase because of the European Union Emissions Trading System.
Repealing the 68% tax law was considered essential to enable foreign mining companies to invest in mineral resources development of Mongolia.
[6] In the United Kingdom, an early one-off windfall tax was levied on certain bank deposits as part of the 1981 budget under Margaret Thatcher.