Calculating the amount companies owe for causing global warming
A pair of sociologists, one with the University of Milan-Bicocca, the other with the Climate Accountability Institute, has used survey data
Fossil fuel companies ignore damages caused by the climate disaster they created. Leaving governments, insurance companies, and private citizens to cover the costs of mitigation, damage and reconstruction.
In the meantime, these fossil fuel corporations are price-gouging and ripping off the world as they brag about record-breaking profits (while receiving government subsidies - aka corporate welfare)
Fossil fuel corporations must be held accountable and should be legally obligated to help pay for the crisis they created.
Researchers calculated the amount each fossil fuel corporation could pay to a global fund for mitigation efforts, climate damage and climate refugee relocation.
Top 5 Fossil Fuel Corporations Annual Assessments:
Saudi Aramco - $42.7 billion
Gazprom - $20.1 billion
Exxon-Mobil - $18.4 billion
Shell - $16.3 billion
Chevron - $12.8 billion
