Energy companies' record profits during global crisis 'immoral', says UN secretary general

by News Update

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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20 comments

Samuel Bailey August 3, 2022 - 11:29 PM

Kinda feel like Europe and America have been doing that to the rest of the world for centuries now though :S

Jabba Jay August 3, 2022 - 11:30 PM

The UN knows all about being immoral . . .

PinkMoleTV August 3, 2022 - 11:30 PM

Кормить надо трудящихся, а не бездельников

Big pants August 3, 2022 - 11:30 PM

Their shareholders must be full of glee!

George August 3, 2022 - 11:31 PM

GREED

Cruella De'vil August 3, 2022 - 11:31 PM

Shocker. And all those congressional cromies owned stock getting richer from their insider trading

POINTMAN August 3, 2022 - 11:31 PM

Oil/Gas CEO: Ehehe profits go Brrrrrrrrrrr.

ProfoundClarity August 3, 2022 - 11:33 PM

wealth inequality is a global problem…

YoutubeGnG August 3, 2022 - 11:33 PM

Hshs

Patricia Witt August 3, 2022 - 11:41 PM

Kinda like how big pharma makes money off injections & medications…

Budanevey August 3, 2022 - 11:42 PM

It is an excellent idea to remove the incentive to make money through energy production…

Junko kokoro Rajah August 3, 2022 - 11:44 PM

I believe in one thing only the power of human soul 💯

Facts over Fear August 3, 2022 - 11:45 PM

Capitalism ✅✅✅

Leckstar100 x August 3, 2022 - 11:49 PM

Wow well said

Tenshi 天使 August 3, 2022 - 11:50 PM

they aren't purposely doing it you are the cause of their profits, you are the one who creates the energy crisis and puts fears into the global markets, you are the one who unnecessarily panicked the global order with covid, it always the rich people to blame, you only need to cap their profits you don't need to make a big deal out of it, you could even heavily tax football players if you hate the rich soo much….

валерий гольштейн August 3, 2022 - 11:58 PM

🤣🤣🤣🤣🤣🤣🤣🤣

мороз сказка August 4, 2022 - 12:01 AM

🙏🙏🙏🙏🙏🙏

Kenneth b August 4, 2022 - 12:02 AM

You don't say we go to war for oil.

SteveXNYCAutomotive August 4, 2022 - 12:06 AM

UN are criminals playing victims

InfectedWaffle August 4, 2022 - 12:06 AM

UN secretary general: "Tax the fossil fuel industries because they're gouging their prices and making huge profit. Then use that money to help your citizens."

The USA: screetches in capitalism and hides under the covers