Climate Experts Urge Governments to Inflate Taxes on Fossil Fuel Profits

Climate Experts Urge Governments to Inflate Taxes on Fossil Fuel Profits

Climate experts are calling for increased taxes on fossil fuel profits amid escalating global climate crises. The Make Polluters Pay Coalition highlighted that major oil and gas companies continue to report record profits despite widespread heatwaves, wildfires, and rising living costs. They advocate for these increased taxes to fund climate crisis responses and resilience efforts.

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