The Polish government announced the adoption of a draft law by the Council of Ministers on 10 July 2023 that includes the introduction of a solidarity contribution on coal companies that will be used to finance electricity price reductions for households. The solidarity contribution will apply for companies that mine, produce, or trade coal. The contribution will be levied at a rate of 33% on extraordinary profits earned in 2022 to the extent exceeding 120% of the average profits earned in t…