Hi John,
Another week, another record payout for a fossil fuel corporation. Today, BP announced the highest profits in its history: £23 billion. While climate-related disasters wreak havoc across the globe, and many in our own society must choose between heating their home and eating, BP has handed £12.5 billion to its mostly very wealthy shareholders.
Worse still, BP has scaled back its ‘transition’ away from fossil fuels. It seems oil and gas is just too profitable. In fact, the big five oil majors poured money into fossil fuels last year – far in excess of anything they invested into renewable energy, even by their own dubious definition of that term.
The message is clear. As long as it’s profitable to pollute, these corporations will continue to do so, whatever the cost to the rest of us. The only way we can stop this deadly cycle is to intervene, and we can start by taxing corporations like BP, forcing them to pay to deal with the damage they are visiting on the lives and livelihoods of people around the world.
Can you help us turn the outrage we all feel today at this shameless profiteering into political pressure for change by joining our campaign?
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