While fossil fuel companies feast on profits, our planet burns. Polluters must pay.

The UN Secretary General Antonio Guterres accused energy giants of ‘feasting on hundreds of billions of dollars in subsidies and windfall profits while households’ budgets shrink and our planet burns.’ Guterres called on rich economies to hit oil and gas companies with new windfall taxes to provide help for countries suffering from climate change, and those struggling with soaring energy and food costs. He also said that we needed to hold fossil fuel companies and their enablers to account, including banks, private equity, asset managers, and other financial institutions that continue to invest and underwrite carbon pollution.

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