The head of UN, noted that for the first quarter alone, the combined profits of the world's largest oil and gas companies were 'close to $100,000,000,000.00 (billion)" and urged all governments to tax these profits.
#WeDontHaveTime #TomorrowIsTooLate #NationalizeOilCompanies
"It is immoral for oil and gas companies to be making record profits from this energy crisis on the backs of the poorest people and communities, at a massive cost to the climate," Guterres told media, as quoted by Reuters.
"I urge all governments to tax these excessive profits, and use the funds to support the most vulnerable people through these difficult times," he also said, adding "And I urge people everywhere to send a clear message to the fossil fuel industry and their financiers: that this grotesque greed is punishing the poorest and most vulnerable people, while destroying our only common home."
The UN's top official is a vocal critic of the oil and gas industry. Earlier this year, he said investing in new oil and gas production was "delusional," and it would only have negative consequences.
https://app.wedonthavetime.org/posts/a315cd40-5e9e-4862-a61d-4421aa6ca8bf
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