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    Fossil Fuel Companies Make Billions in Profit as We Suffer Billions in Losses: 2024 Edition



    Above: Lahaina, Hawai’i after the devastating August 2023 wildfire that killed more than 100 people and destroyed 2,700 homes.

    Last year, I wrote that fossil fuel companies made billions of dollars in profit during 2022 as people around the world suffered billions of dollars in damage from climate and weather related disasters. The climate impacts people around the world experience are connected to the fossil fuel industry’s record-breaking profits:

    “The profits made by the oil and gas majors come at the direct expense of all of us and our shared planet. These companies continue to extract more fossil fuels from the ground, lobby for their interests, deceive and misinform the public about climate change, and build new infrastructure to lock us into this continual cycle of extraction, combustion, and the dire consequences it brings. They need…

    Read the full article originally published at blog.ucsusa.org.

    Union of Concerned Scientists
    Union of Concerned Scientistshttps://www.ucsusa.org
    The Union of Concerned Scientists is a member-supported nonprofit that is fighting for a safer and healthier world.
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