UN secretary-general's call for a 'windfall' tax on profits of fossil fuel companies

Reported 4 months ago

UN Secretary-General António Guterres urged for a tax on fossil fuel company profits to combat global warming, emphasizing their role as the 'godfathers of climate chaos.' This plea, made on World Environment Day, highlighted the dangers of continuing to burn fossil fuels, leading to record high global temperatures and risking economic losses, ecological upheaval, and public health risks. Guterres called for a 9% annual reduction in carbon dioxide emissions until 2030, urging G20 countries to take the lead and emphasizing the need for global financial institutions to contribute towards climate financing.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis