What ways can we afford climate change?
Dozens of media organizations from around the world have published a joint editorial article calling for a windfall tax on the biggest fossil fuel companies. The funds raised should be redistributed to poorer, vulnerable countries, the editorial says, as they are suffering the worst impacts of the climate crisis despite having done the least to cause it. “Humanity has to end its addiction to fossil fuels,” the editorial, which was coordinated by the Guardian, says. “Rich countries account for just one in eight people in the world today but are responsible for half of greenhouse gases. These nations have a clear moral responsibility to help.”