Climate action could have received $1 trillion since 2015 from taxing oil and gas profits, says think tank

Published 07:00 on November 10, 2025 / Last updated at 15:10 on November 6, 2025 / / International (UN Climate Talks), Net Zero Transition (Transport & Heating Fuels)

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Some $1.08 trillion could have been raised for climate action since the Paris Agreement was signed in 2015, if the world's 100 largest oil and gas companies had been charged a 20% tax on their profits, a think tank has calculated.
Some $1.08 trillion could have been raised for climate action since the Paris Agreement was signed in 2015, if the world's 100 largest oil and gas companies had been charged a 20% tax on their profits, a think tank has calculated.


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