Source: Climate crisis | The Guardian
Iran conflict windfall over three months reignites calls for companies ‘cashing in on human misery’ to pay for environmental damageBP boss urges Burnham to prioritise UK oil and gasNils Pratley: BP boss is unsentimental in pruning portfolio Eight of the biggest oil companies amassed profits of more than $90bn (£67bn) in just three months as the Iran conflict sent energy prices soaring and the emissions-fuelled climate crisis caused deadly heatwaves.The windfall war profits have reignited calls for oil and gas supermajors such as Saudi Aramco and BP to pay for the environmental damage caused by “cashing in on human misery” and fund a rapid transition to renewable energy. Continue reading...