'Polluters must pay': UN secretary general calls for global windfall tax on energy companies
Guardian, 21 Sep 2022
UN secretary general António Guterres said it is 'high time to put fossil fuel producers, investors and enablers on notice' as he called for a global windfall tax to support countries struggling with climate disasters and rising living costs. Speaking at the UNGA on Tuesday, Guterres said: 'Today, I am calling on all developed economies to tax the windfall profits of fossil fuel companies.' He added: 'Those funds should be redirected in two ways – to countries suffering loss and damage caused by the climate crisis and to people struggling with rising food and energy prices.'