Oil companies profit from climate crisis as global temperatures reach dangerous highs
By
Jonathan Watts
Summary
This article argues that oil companies bear a disproportionate share of blame for the climate crisis yet continue to profit and increase fossil fuel production. It questions why these companies are not being held accountable for the consequences of their actions as the world experiences record-breaking heatwaves, wildfires, and heat-related deaths. The piece highlights the financial incentives that drive oil companies to further disrupt the climate despite the scientific consensus on the dangers of burning fossil fuels.
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Key quotes
· 3 pulledAs the world swelters in ever more dangerous heat, why are oil companies being allowed to turn up the gas instead of paying for the consequences of their greed?
There is no doubt that oil, gas and coal companies already bear a disproportionate share of the blame yet have a financial incentive to further disrupt the climate.
The scientific consensus is that burning fossil fuels drives the climate crisis, yet the world's biggest oil companies are planning to increase production
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