‘Monster profits’ for energy giants reveal a self-destructive fossil fuel resurgence

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https://www.theguardian.com/environment/2023/feb/09/profits-energy-fossil-fuel-resurgence-climate-crisis-shell-exxon-bp-chevron-totalenergies

By Oliver Milman, The Guardian. 

Excerpt: Last year’s combined $200bn profit for the ‘big five’ oil and gas companies brings little hope of driving down emissions. ...Exxon, the Texas-based oil giant, led the way with a record $55.7bn in annual profit, taking home about $6.3m every hour last year. California’s Chevron had a record $36.5bn profit, while Shell announced the best results of its 115-year history, a $39.9bn surplus, and BP, another London-based firm, notcheda $27.7bn profit. The French company TotalEnergies also had a record, at $36.2bn....

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