UN Secretary-General Calls for Windfall Profit Tax on Oil Industry ...Middle East

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UN Secretary-General Calls for Windfall Profit Tax on Oil Industry
The secretary-general of the United Nations Antonio Guterres has renewed his calls for a special tax on oil companies to help fund the energy transition. Calling oil companies “the godfathers of climate chaos”, Guterres said this week in a speech for World Environment Day, as the EU’s Copernicus weather service claimed May had been the 12th hottest month in a row. “Climate change is the mother of all stealth taxes paid by everyday people and vulnerable countries and communities,” The head of the United Nations said.…

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