Posted on 09/20/2022 7:35:36 AM PDT by Oldeconomybuyer
Windfall profits made by fossil fuel companies should be taxed to pay for climate damage, according to the UN Secretary General.
Antonio Guterres told the General Assembly that polluters should pay for the impact of climate-related events.
Having recently seen the devastating flooding in Pakistan for himself, Mr Guterres is now doubling down on the need for the rich world to urgently address the demands of the poor.
And there's little doubt whom he believes is responsible for the world's climate emergency.
"The fossil fuel industry is feasting on hundreds of billions of dollars in subsidies and windfall profits while household budgets shrink and our planet burns," he told the Assembly.
"Today, I am calling on all developed economies to tax the windfall profits of fossil fuel companies. Those funds should be re-directed in two ways: to countries suffering loss and damage caused by the climate crisis; and to people struggling with rising food and energy prices."
Developing countries will continue to push strongly for faster progress on finance for loss and damage, and they will at least have moral support from the UN Secretary General.
(Excerpt) Read more at bbc.com ...
Global Warming hoax is a great money maker.
The Big Guys are coming out of the woodwork for their ten percent.
The end of fossil fuels is the end of fertilizer is the end of food.
It’s funny how taxes and money are the solution for all things climate.
“UN chief: ‘Tax fossil fuel profits for climate damage’”
Due to the enormous quantity of energy supplies in Russia, this plan only works if we can replace Putin with a Western puppet, so GO UKRAINE!!!
They are sooooooo focused at getting as much revenue flow off this scam as they can!
Yeah.
Then all the tax money goes to the UN.
That will never be abused...
And once they stop “Fossil” Fuels, there will be no more taxes to pay for Climate Change.
They don’t want to kill it, they just want it on their life-support system, forever.
Corporate Tax Donkeys
Tax progressives and socialists because of their being ideologically dangerous nitwits..
The UN is yet another corrupted institution that has strayed so far from its initial simple and noble goals.
Get rid of the UN
The UN misses the days of oil for food swag.
“Windfall profits”
That’s a blast from the past that I had hoped I would never hear again. They must figure that nobody under 50 has heard it or remembers it.
This time they are ratcheting it up to the global scale.
I’m old enough to remember the days when they were only the “mother’s milk of politics.”
It would be a real accomplishment if Republicans managed to defund both PBS and the UN.
I have spent a lot of time in the Philippines. Any climate money sent there will disappear like mist in the desert. It will get ripped off at every step of any project.
Can we then get money from the UN when the prices of everything from fertilizers, packaging, and distribution/shipping costs increase? My guess: Probably not because you selfishly want to eat and stay warm.
Absolute LIE. The cause of all this chaos is the UN, WEF and Lefties attempt to take over the world and confiscate all property. Greedy Dictator B_tards need to be tried and punished for what they did to the world in the name of Climate Change and the Covid19 Pandemic Scam.
Nothing is going to replace our use of fossil fuel.
This is not about Climate Change this is about ending Capitalism and replacing it with a still unnamed ism following the Disaster of Communism.
UN Christiana Figueres “admitted that the goal of environmental activists is not to save the world from ecological calamity but to destroy capitalism”
http://www.investors.com/politics/editorials/climate-change-scare-tool-to-destroy-capitalism/
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.