REACTION: Oxfam response to BP’s Q4 profits

“It’s clear something is broken when big polluters like BP can see their profits fall sharply yet still rake in billions, while people across the country struggle to afford to heat their homes. It is people living in poverty in the UK and around the world who have contributed the least to the climate crisis who are paying the price for BP’s profits.

“Instead of handing them tax breaks, the government can and should be fairly taxing the biggest and richest polluters more, helping to incentivise a fair switch to renewable energy which will cut emissions and reduce energy bills. This is the common-sense approach to meeting Net Zero that eases the burden on ordinary UK households and ensures the biggest and richest polluters who have done the most to cause the climate crisis are the ones footing the bill.”

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