this post was submitted on 25 Sep 2023
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The world's richest oil states should pay a global windfall tax to help poorer nations combat climate change, says former UK prime minister Gordon Brown (www.bbc.com)
submitted 11 months ago by 0x815@feddit.de to c/news@kbin.social
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He said countries such as Saudi Arabia, the UAE, Qatar and Norway benefited from a "lottery style bonanza" last year, as the price of oil soared. Mr Brown argues a $25bn (£20.4bn) levy would boost prospects of a deal on a climate fund for poorer countries.

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