Will oil companies finally pay for climate damage? UN discusses global tax
A global tax on fossil fuel companies could redirect much-needed resources to countries like India that are bearing disproportionate climate impacts despite contributing far less to historical emissions.
The world’s nations have gathered to negotiate what could be a game-changing global tax system, one that would make fossil fuel companies pay for the climate damage they’ve caused.
At the United Nations headquarters in New York, countries are hammeri... [3439 chars]