REACTION: OXFAM RESPONSE TO Shell’S Q3 PROFITS

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In response to the announcement of Shell’s latest quarterly profits, Oxfam’s Senior Climate Change Policy Advisor, Chiara Liguori, said:

“It is an acute injustice that those with the least responsibility for the climate crisis – in the UK and around the world – are suffering its worst impacts while polluting fossil fuel companies like Shell amass these huge profits.

“The UK government must make rich polluters pay their fair share by taxing them more and incentivising a fair switch to clean, renewable energy to ensure the costs of addressing climate change fall on those most responsible.

“The Government can and should be stepping up. There is no shortage of money among the biggest and richest polluters – why on earth are they not mobilising it?”

Ends

Notes to editors:

Oxfam’s report Payment Overdue, Fair ways to make polluters across the UK pay for climate justice  published last month highlights that fair taxes on the UK’s biggest polluters - namely fossil fuel companies and the extremely rich – could have raised up to £23bn last year. Press release here

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