# Windfall Profits on The No Agenda Show

Windfall Profits comes up in 5 chapters across 5 episodes of The No Agenda Show, from August 2020 to July 2023.

- **Chapters:** 5
- **Episodes:** 5
- **Discussed:** August 2020 – July 2023
- **Related topics:** [Bernie Sanders](https://search.noagendashow.net/topic/bernie-sanders.md), [Big Oil](https://search.noagendashow.net/topic/big-oil.md), [Billionaires](https://search.noagendashow.net/topic/billionaires.md), [Central Bank](https://search.noagendashow.net/topic/central-bank.md), [Gas Prices](https://search.noagendashow.net/topic/gas-prices.md), [Gavin Newsom](https://search.noagendashow.net/topic/gavin-newsom.md), [Jeff Bezos](https://search.noagendashow.net/topic/jeff-bezos.md), [Jimmy Carter](https://search.noagendashow.net/topic/jimmy-carter.md), [Joe Biden](https://search.noagendashow.net/topic/joe-biden.md), [Nationalization](https://search.noagendashow.net/topic/nationalization.md)

## Chapters 1–5 of 5

### EU Proposal to Seize Russian Central Bank Assets

- **Episode:** [1569: Hydrating](https://search.noagendashow.net/episode/1569-hydrating.md)
- **Published:** 2023-07-02
- **Time:** 1:19:38–1:21:15
- **Transcript:** https://search.noagendashow.net/episode/1569-hydrating/chapter/eu-proposal-to-seize-russian-central-bank-assets.md

European Commission President Ursula von der Leyen announces a proposal to utilize windfall profits from immobilized Russian Central Bank assets to fund Ukraine. The hosts characterize this as a criminal act of theft against counterparty assets following Russia's removal from the SWIFT system. They argue that this move undermines the legality of the international financial system.

Keywords: [ursula von der leyen](https://search.noagendashow.net/topic/ursula-von-der-leyen.md), [russia](https://search.noagendashow.net/topic/russia.md), [central bank](https://search.noagendashow.net/topic/central-bank.md), [swift](https://search.noagendashow.net/topic/swift.md), [windfall profits](https://search.noagendashow.net/topic/windfall-profits.md)

### California Windfall Profits Tax, Gavin Newsom

- **Episode:** [1494: Radiation Tsunami](https://search.noagendashow.net/episode/1494-radiation-tsunami.md)
- **Published:** 2022-10-13
- **Time:** 2:14:16–2:17:23
- **Transcript:** https://search.noagendashow.net/episode/1494-radiation-tsunami/chapter/california-windfall-profits-tax-gavin-newsom.md

Governor Gavin Newsom has called for a special legislative session on December 5th to pass a windfall profits tax on oil companies in California. Newsom claims the tax will return money to consumers, while the Western States Petroleum Association dismissed the move as a political stunt. Critics argue that state-level restrictions and refining issues are the primary drivers of California's high gas prices.

Keywords: [gavin newsom](https://search.noagendashow.net/topic/gavin-newsom.md), windfall profits tax, [gas prices](https://search.noagendashow.net/topic/gas-prices.md), [big oil](https://search.noagendashow.net/topic/big-oil.md), special session

### EU Revenue Caps, Renewable Energy Profit Re-channeling

- **Episode:** [1484: Do It For Ukraine](https://search.noagendashow.net/episode/1484-do-it-for-ukraine.md)
- **Published:** 2022-09-08
- **Time:** 15:00–18:56
- **Transcript:** https://search.noagendashow.net/episode/1484-do-it-for-ukraine/chapter/eu-revenue-caps-renewable-energy-profit-re-channeling.md

The European Commission proposed a cap on the revenues of low-cost electricity producers, such as wind and solar companies, whose profits have surged due to high gas-linked market prices. These "unexpected profits" are to be re-channeled to member states to support vulnerable households. This move is characterized by some as a form of price control or soft nationalization of the energy market.

Keywords: [price controls](https://search.noagendashow.net/topic/price-controls.md), revenue cap, [renewables](https://search.noagendashow.net/topic/renewables.md), [windfall profits](https://search.noagendashow.net/topic/windfall-profits.md), [nationalization](https://search.noagendashow.net/topic/nationalization.md)

### Jimmy Carter Solar Bank, Skyscraper Lettuce, Petri Dish Meat

- **Episode:** [1461: Bi-Pox](https://search.noagendashow.net/episode/1461-bi-pox.md)
- **Published:** 2022-06-19
- **Time:** 2:33:45–2:37:30
- **Transcript:** https://search.noagendashow.net/episode/1461-bi-pox/chapter/jimmy-carter-solar-bank-skyscraper-lettuce-petri-dish-meat.md

Parallels are drawn between the current energy crisis and Jimmy Carter's 1979 push for a "solar bank" and the Windfall Profits Act. Time Magazine's recent coverage of "skyscraper lettuce" and "petri dish meat" is critiqued as an attempt to normalize industrial, lab-grown food under the guise of stopping climate change.

Keywords: [jimmy carter](https://search.noagendashow.net/topic/jimmy-carter.md), [solar power](https://search.noagendashow.net/topic/solar-power.md), windfall profits act, petri dish meat, [time magazine](https://search.noagendashow.net/topic/time-magazine.md)

### Make Billionaires Pay Act, Bernie Sanders, Jeff Bezos

- **Episode:** [1267: Trust Stamp](https://search.noagendashow.net/episode/1267-trust-stamp.md)
- **Published:** 2020-08-09
- **Time:** 2:19:47–2:22:27
- **Transcript:** https://search.noagendashow.net/episode/1267-trust-stamp/chapter/make-billionaires-pay-act-bernie-sanders-jeff-bezos.md

Senators Bernie Sanders, Ed Markey, and Kirsten Gillibrand introduced the "Make Billionaires Pay Act," proposing a 60% tax on windfall profits made by the ultra-wealthy during the pandemic. The bill would result in a $47 billion tax bill for Amazon CEO Jeff Bezos. The hosts speculate whether Joe Biden will be forced to adopt this policy as part of his campaign platform.

Keywords: [bernie sanders](https://search.noagendashow.net/topic/bernie-sanders.md), [jeff bezos](https://search.noagendashow.net/topic/jeff-bezos.md), [wealth tax](https://search.noagendashow.net/topic/wealth-tax.md), [billionaires](https://search.noagendashow.net/topic/billionaires.md), [joe biden](https://search.noagendashow.net/topic/joe-biden.md), [windfall profits](https://search.noagendashow.net/topic/windfall-profits.md)

---

This is the markdown version of a page on The No Agenda Show for AI agents. Every public page on this site has one: add `.md` to its URL, or request it with `Accept: text/markdown`.

- [Site index for agents (llms.txt)](https://search.noagendashow.net/llms.txt)
- [Home](https://search.noagendashow.net/index.md)
- [Search transcripts](https://search.noagendashow.net/search.md)
- [All episodes](https://search.noagendashow.net/episodes.md)
- [Topics](https://search.noagendashow.net/topics.md)
- [People](https://search.noagendashow.net/people.md)
