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Al Jazeera
Al Jazeera
Environment

UN chief calls for energy windfall taxes to help climate victims

Guterres pushed developed countries to tax fossil fuel windfall profits [Brendan Mcdermid/Reuters]

UN chief Antonio Guterres has urged rich countries to tax windfall profits of fossil fuel companies and use that money to help countries harmed by the climate crisis and people who are struggling with rising food and energy prices.

Addressing world leaders at the 193-member United Nations General Assembly on Tuesday, the secretary-general stepped up his attacks on oil and gas companies, which have seen their profits soar this year amid rising energy prices.

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