António Guterres urges governments to introduce windfall levies and use money to support vulnerable people
The UN secretary general, António Guterres, has described the record profits of oil and gas companies as immoral and urged governments to introduce a windfall tax, using the money to help those in the most need.
Speaking in New York on Wednesday, Guterres said the “grotesque greed” of the fossil fuel companies and their financial backers had led to the combined profits of the largest energy companies in the first quarter of this year hitting almost $100bn (£82bn).