Monday , October 3 2022

‘Polluters must pay’: UN secretary general calls for global windfall tax on energy companies – video

UN secretary general António Guterres said it was ‘high time to put fossil fuel producers, investors and enablers on notice’ as he called for a global windfall tax to support countries struggling with climate disasters and rising living costs. Speaking at the UN general assembly on Tuesday, Guterres said: ‘Today, I am calling on all developed economies to tax the windfall profits of fossil fuel companies.’ He added: ‘Those funds should be redirected in two ways – to countries suffering loss and damage caused by the climate crisis and to people struggling with rising food and energy prices.’

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