Worried about the cost of fuel? Concerned about the now-obvious effects of climate change? There is one small group of people who are profiting from both, while emptying our wallets AND most importantly, destroying our environment. Our friend PeNdantry over at Wibble sums it up well. Thanks, PeNdantry!
Courtesy of Guardian News & Media Ltd
under guardiansyndication Open Licence Terms
The oil and gas industry has delivered $2.8bn (£2.3bn) a day in pure profit for the last 50 years.
The vast total captured by petrostates and fossil fuel companies since 1970 is $52tn, providing the power to “buy every politician, every system” and delay action on the climate crisis, says Prof Aviel Verbruggen. The huge profits were inflated by cartels of countries artificially restricting supply.
Emissions from the burning of fossil fuels have driven the climate crisis and contributed to worsening extreme weather, including the current heatwaves hitting the UK and many other Northern hemisphere countries. Oil companies have
View original post 404 more words