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BP and Shell’s yearly profits exceed combined GDP of five most climate-vulnerable countries, study finds
BP and Shell’s yearly profits exceed combined GDP of five most climate-vulnerable countries, study finds
BP and Shell’s profits over the last year have exceeded the combined GDP of the five most climate-vulnerable countries, a new analysis found today.
The fossil fuel giants raked in combined profits of £30 billion between October 2023 and September this year.
According to NGO Global Justice Now, this surpasses the combined gross domestic product of Chad, the Solomon Islands, Niger, Micronesia and Guinea-Bissau, which add up to £26bn.
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