Oil giants shamelessly profiting from climate breakdown

As BP posts results, fossil fuel companies are profiting from the destruction of our planet.

Fossil fuel giants like BP are profiting from the breakdown of our climate, say the Scottish Greens. The Party has called for a major investment in renewable energy and a just transition away from oil and gas.

The call comes as BP has published results of £2 billion for Q2 2023. 

Yesterday the UK government announced its support for 100 new climate-wrecking oil and gas exploration licences.

The Scottish Greens climate spokesperson Mark Ruskell said:

“This is shameless and climate-wrecking profiteering. We are on the verge of environmental breakdown but oil giants like BP are making billions of pounds of profit and cashing in every step of the way.

“If we are to have a sustainable future then we need to fundamentally change our energy system so that it works for people and the planet rather than polluters. 

"Yet, at a time when we need to be investing in a green recovery, anti-climate governments like the one in Downing Street are doubling down on fossil fuels.

“July was the world’s hottest month on record, but only yesterday we saw the Prime Minister announcing another 100 new oil and gas exploration licences.

“Rishi Sunak should be listening to the United Nations and the many scientists who are calling for an end to new fossil fuel exploration.

“Renewable energy is the cheapest and cleanest energy available. If we are to build a greener and better future then that is what we need to be investing in.

"A windfall tax full of loopholes is not good enough. We urgently need major investment in renewables and a just transition away from dirty and polluting industries. 

“We are taking vital steps here in Scotland, but we are constantly being held back by a Tory Party that is more interested in maximising the profits of its friends in the oil and gas industry than it is with the future of our environment.”

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