True cost of Big Oil’s profits: Trillions in unpaid health and environmental costs
BP, Eni, Repsol, Shell, and TotalEnergies have paid back just 5% of the €13 trillion in societal and environmental debt. Europe’s five biggest oil majors pocketed €47 billion – mostly in profit for shareholders and management – in 2021 taking their total profits to €850 billion since 1993, a new stu…