Guterres calls on governments to tax $95 billion in oil-company windfall profits
Briefing by News4U · First published
Today United Nations Secretary-General António Guterres said on X that in the last quarter alone, the nine largest oil companies pocketed $95 billion in profits, and that he is calling on governments to tax these windfall profits and use them to help vulnerable countries recover. He also said polluters must pay. The remarks were posted with the COP31 hashtag. The post did not name the nine companies, specify which governments should levy the tax, or say how large the tax should be. [1]
Sources
- @antonioguterres (X): In the last quarter alone, the 9 largest oil companies pocketed $95 billion in profits.
@antonioguterres (X) · · Excerpt