United Nations Secretary-General Antonio Guterres slammed the “grotesque greed” of oil and gas companies and their financial backers and urged governments globally to “tax these excessive profits” to support the most vulnerable people.“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 reporters on Wednesday.The two largest United States oil companies – Exxon Mobil Corp and Chevron Corp – plus British-based Shell and France’s TotalEnergies combined earned nearly $51bn in the most recent quarter, almost double what the group brought in for the year-ago period.
Load More
Load More