industry

Energy firms' record profits during energy crisis 'immoral', says UN secretary general – video


The UN secretary general, António Guterres, has condemned the record profits of energy companies during a global energy crisis triggered by Russia’s invasion of Ukraine. ‘It is immoral for oil and gas companies to be making record profits from this energy crisis on the back of the poorest people and communities and at a massive cost to the climate,’ he said during a press conference where he presented the third report by the Global Crisis Response Group. Guterres called on governments to tax these profits and use the funds to support vulnerable people through the energy crisis



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