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politics17h ago
Christian leaders call for ‘permanent tax’ on fossil fuel profits
- EU faith groups urge a rapid fossil fuel phaseout, with concrete year-by-year targets for coal, gas, and oil.
- Signatories urge mass investment in renewables, energy efficiency, and a circular economy to drive the transition.
- The appeal links moral duty to climate action, stating care for creation is essential to a virtuous life.
- The appeal calls for the Global South to receive debt relief and grants to support climate action.
- EU environmental legislation criticized as weakening climate protections amid simplification measures.
- The appeal outlines a clear energy transition path linked to the next seven-year EU budget.
- The signatories emphasize prioritizing households struggling with energy bills over corporate profits.
- The appeal cites staggering fossil fuel subsidies, calling for reform to fund the energy transition.
- The coalition frames the EU as a climate leader with a duty to act decisively.
- The appeal calls for a ban on new fossil fuel exploration and existing infrastructure permits.
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