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.
Contextualizing what can be done with those profits, especially since they come at the expense of the climate, is a great way to illustrate the problem. And I liked the Clarence Thomas one in particular.
Also the "what about China" retort immensely aggravating.
Not that I would encourage a global pandemic, but especially at its peak, it gave us a chance to rethink our reliance on fossil fuels. So much for that.
I absolutely love the context provided by the list of things the profits could have paid for. The ones related to paying for hurricane damage or sea level rise adaptation are so poignant and the added political critique of the ones about the coronation or Justice Thomas island hopping are brilliant. At the start of the year I wrote a blog on big oil profits compared to losses from climate damages: https://blog.ucsusa.org/shaina-sadai/fossil-fuel-companies-make-billions-in-profit-as-we-suffer-billions-in-losses/ When I write my next follow up on this I would love to cite your list!
Putting Big Oil’s profits in perspective
This really gets to the point that the oil profiteers do not want to do the humanitarian good with even a portion of their profits!
Contextualizing what can be done with those profits, especially since they come at the expense of the climate, is a great way to illustrate the problem. And I liked the Clarence Thomas one in particular.
Also the "what about China" retort immensely aggravating.
Not that I would encourage a global pandemic, but especially at its peak, it gave us a chance to rethink our reliance on fossil fuels. So much for that.
Extraordinary reporting and writing!
I absolutely love the context provided by the list of things the profits could have paid for. The ones related to paying for hurricane damage or sea level rise adaptation are so poignant and the added political critique of the ones about the coronation or Justice Thomas island hopping are brilliant. At the start of the year I wrote a blog on big oil profits compared to losses from climate damages: https://blog.ucsusa.org/shaina-sadai/fossil-fuel-companies-make-billions-in-profit-as-we-suffer-billions-in-losses/ When I write my next follow up on this I would love to cite your list!