Tuesday, May 30, 2023

Big Oil should be paying big, big reparations

Not just because of their vile behavior. Anything that might help drive Big Filthy Fossil Fuels into the ground, and make way for a government takeover and subsequent rapid phaseout, would be great. I'm well aware that widespread support has yet to be generated for that approach.
The world’s top fossil fuel companies owe at least $209 billion in annual climate reparations to compensate communities most damaged by their polluting business and decades of lies, a new study calculates.

BP, Shell, ExxonMobil, Total, Saudi Arabia’s state oil company and Chevron are among the largest 21 polluters responsible for $5.4 trillion in drought, wildfires, sea level rise, and melting glaciers among other climate catastrophes expected between 2025 and 2050, according to groundbreaking analysis published in the journal One Earth. - Mother Jones

No comments:

Post a Comment