A new report argues that progressively taxing the world’s seven biggest oil and gas companies — ExxonMobil, Shell, TotalEnergies, BP, Chevron, Equinor and Eni — would raise significant funds to pay for the loss and damage caused by climate disasters, reports Ben Radford.
fossil fuel capital
It is important to amplify the voices of those most affected by climate catastrophe, and those include young people, argues Maz Misiewicz.
More than $22,000 a minute is being handed over in subsidies to fossil fuel companies. Jay Larbalestier, a Fireproof Australia activist, speaks about why people are protesting.
Fossil fuel billionaires' record profits need to be seized as a first step in democratising the energy sector and transitioning to a jobs-rich clean energy future, writes Alex Bainbridge.
The capitalist establishment has spent years debating whether or not Australia should have a 2050 climate target. It is a distraction from the task at hand, argues Alex Bainbridge.