The charity found that the government could have raised an additional £23bn last year with extra taxes on fossil fuel companies, frequent flyers and the extremely rich who use private jets.
The money could then be used to help households reduce their carbon emissions and to fund greener forms of public transport.
The report, Payment Overdue: Fair ways to make polluters across the UK pay for climate justice, shows that by targeting those who are most responsible for emissions, the government could quickly raise significant funds for climate action without burdening households that are already going through a cost-of-living crisis.
While households faced surging energy bills and high inflation last year, oil and energy companies raked in record profits and are continuing to do so this year. A windfall tax was implemented as a way to raise additional tax revenue and help to provide a cap on energy spending. But energy firms continued to enjoy record profits...