As families worldwide struggle with soaring energy and food costs, finance ministers from the G7 are preparing to meet in Paris – yet resolving this affordability crisis is shockingly absent from their agenda. Taxing record fossil fuel company profits and ending their subsidies are solutions these leaders could implement overnight.
France holds the G7 Presidency, and French Finance Minister Roland Lescure sets the agenda for this meeting. He’s very active on social and pays close attention to his comments. This gives us a real opportunity to push him to add these critical solutions to the agenda — but the window is short.
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Energy bills are crushing people while fossil fuel companies post record profits. We need a permanent windfall tax on these profits. You’re meeting with the G7 soon – how about this gets added to the agenda?
Fossil fuel profits are soaring – G7 countries like France should put a higher, permanent tax on these windfalls to fund affordable energy and climate action. Will you add this to the G7 Finance Minister Meeting agenda?
Oil and gas giants are sitting on billions in windfall profits as families like mine struggle with energy costs. Will you make sure this on the agenda at the upcoming G7 finance meeting in Paris?
There’s a simple fix to our affordability crisis – permanent windfall taxes and ending fossil fuel subsidies. I don’t understand why you aren’t talking about this in with other G7 finance ministers?
The best solution to our affordability crisis is to replace fossil fuel subsidies with permanent windfall taxes on the OBSCENE profits made by companies like Total, Shell and Exxon.
Hello Mr Lescure, I heard that you are responsible for the upcoming G7 Finance Ministers meeting. Are you ensuring that the higher permanent taxation of fossil fuel companies is on the agenda?
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Sources:
Out of Pocket: How Fossil Fuels are Draining Households and Economies (350)
Middle East crisis could cost world $1tn while oil firms make ‘obscene’ profit, analysis finds (The Guardian)
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