Putting Big Oil’s profits in perspective
The Q1 profits of the world’s four highest-polluting investor-owned companies could buy flood insurance for every home in Louisiana, among other things.
![A woman in a yellow safety jacket adjusts numbers on a Shell gas station logo. The numbers read: 2022 profits, 32.2 billion pounds, payment for climate damages zero. A woman in a yellow safety jacket adjusts numbers on a Shell gas station logo. The numbers read: 2022 profits, 32.2 billion pounds, payment for climate damages zero.](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b731b0f-9822-4e6d-838a-8ed2f316f0f2_1600x1007.jpeg)
The climate crisis just keeps getting worse. And the business of causing it just keeps getting better.
Last week, the four highest-polluting investor-owned companies in the world—Exxon, Chevron, Shell, and BP…