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The Guardian - UK
The Guardian - UK
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André Wright

$209bn a year is what fossil fuel firms owe in climate reparations. We want that paid

An oil refinery at Willemstad in Curaçao
An oil refinery at Willemstad, Curaçao. Photograph: blickwinkel/Alamy

The truth is out, and it lays bare big oil’s plunder of the environment for commercial greed. Academics now estimate that the 21 top fossil fuel behemoths are liable for an estimated US$209bn annual reparation bill arising from their exploitation.

But what’s more scandalous is that the governments and private investors that have set off an existential timebomb may not be held accountable, despite compelling evidence that they were complicit in the turbocharged, steroidal race for industrial expansion and dominance.

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