A new study has found that the oil and gas industry produced almost $3bn a day in profits for the last 50 years.It is now cashing in even more money, as the war in Ukraine has driven up energy prices.The United Nations secretary-general criticised the sky-high earnings as “grotesque greed”, at a time when millions of people around the world feel the pinch of the rising cost of living. Antonio Guterres urged governments to tax the profits of energy giants.
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