UN chief criticizes `grotesque greed’ of oil companies

UNITED NATIONS, 05 August 2022, (TON): The United Nations chief sharply criticized the grotesque greed of oil and gas companies for making record profits from the energy crisis on the back of the world’s poorest people, while destroying our only home.

Secretary-General Antonio Guterres said “it was immoral that the largest energy companies in the first quarter of the year made combined profits of close to $100 billion.”

He urged all governments to tax these excessive profits and use the funds to support the most vulnerable people through these difficult times.

Guterres urged people everywhere to send a message to the fossil fuel industry and their financiers “this grotesque greed is punishing the poorest and most vulnerable people, while destroying our only common home, the planet.”

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