Guterres Calls for Additional Taxes on Energy Companies

UN Secretary-General António Guterres stated that the significant profits of the energy sector, which have surged due to global conflicts, are morally indefensible. He called for the imposition of additional taxes on these companies to fund climate response measures. In an interview during the UN annual climate summit held in Antalya, Turkey, Guterres pointed out that these companies profit from activities that severely damage the global environment and accelerate climate change, highlighting a fundamental issue. He has discussed with multiple governments the possibility of imposing additional taxes on oil and gas companies and mentioned at the 31st UN Climate Change Conference that nine major energy producers collectively made $95 billion in profits last quarter, far exceeding the funds needed to address climate disasters. Guterres emphasized that these tax revenues should be used to alleviate the plight of affected populations and noted that countries already have mechanisms in place to tax excessive profits, with the key being political decision-making rather than technical issues.

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