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Article

7 Nov 2024

Author:
Eva Saldaña via The Guardian

Spain: Oil and gas companies should cover costs of Valencia floods, says Executive Director of Greenpeace Spain

"Make oil and gas companies foot the bill for Valencia’s floods," 7 November 2024

...According to the UN, “fossil fuels … are by far the largest contributor to global climate change, accounting for over 75% of global greenhouse gas emissions”. Abundant evidence shows that the international oil and gas industry knew about climate change for over six decades. Many fossil fuel companies continue working today to sow distrust in science and delay policies that aim to limit the very worst that the climate crisis will throw at us.

The world faces staggering costs from disasters caused by climate change: clean-up efforts, repairing public infrastructure, rebuilding homes. It’s certainly appropriate for people and governments alike to ask: “Who should pay for all of this?” It is only fair to make oil and gas companies foot the bill.