Tag: 350.org

As TotalEnergies and BP post surging profits tied to oil price shocks from the U.S.-Israeli war on Iran, critics warn that fossil fuel giants are once again converting geopolitical crisis into shareholder windfalls while households absorb the economic pain.

Analysis finds oil and gas price spikes linked to the conflict have shifted massive wealth from households and businesses to major energy companies while lawmakers propose taxing windfall profits.

Rollback targets legal basis for greenhouse gas limits as environmental and public health groups prepare lawsuits.

With fewer than one third of Paris Agreement signatories submitting updated climate plans, the UN’s new synthesis report shows global pledges would cut emissions by only 10 percent by 2035 as world leaders admit “overshooting is now inevitable.”

"The issue in front of us is not a scientific debate. It has everything to do political will."