UN chief slams 'immoral', 'excessive' profits of oil and gas companies amid energy crisis

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The burning of fossil fuels is the main cause of climate change.

UN Secretary General at a press briefing yesterday. Image: Lev Radin UN Secretary General at a press briefing yesterday. Image: Lev Radin UN SECRETARY GENERAL Antonio Guterres has accused oil and gas companies of making “excessive” profits from the energy crisis sparked by the war in Ukraine, calling it “immoral.”

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 planet. With the rise in oil and gas prices, BP, ExxonMobil, Chevron and Shell also reported enormous profits in the second quarter.

 

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These companies exist to make profit for their wonderful shareholders like me. This should never change

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