‘Grotesque greed’: immoral fossil fuel profits must be taxed, says UN chief

António Guterres urges governments to introduce windfall tax and use money to support vulnerable people

The UN secretary general, António Guterres, has described the record profits of oil and gas companies as immoral and urged governments to introduce a windfall tax, using the money to help those in the most need.

Speaking in New York on Wednesday Guterres said the “grotesque greed” of the fossil fuel companies and their financial backers had led to the combined profits of the largest energy companies in the first quarter of this year hit almost $100bn.

Continue reading…

Subscribe
Notify of
guest
4 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
isototo
isototo
1 year ago

Your article is so well-researched and informative. It’s clear you put a lot of effort into creating it and I appreciate that.

paus4d
paus4d
1 year ago

I found your article to be both informative and engaging. You have a great writing style.

syair hk
syair hk
11 months ago

I am impressed by the way you presented the data in this article.

prediksi hk
prediksi hk
10 months ago

Your honesty and vulnerability in sharing your personal story is admirable. It takes courage to be so open and transparent.