UN Secretary‑General Guterres told COP31 in Antalya that energy firms’
conflict‑linked profits are “morally indefensible” and should face extra
taxation to fund climate response and relief. He said nine major oil and gas
producers recorded $95bn of combined profits last quarter and that proceeds from
such levies should be directed to help disaster‑hit populations. Guterres has
discussed windfall taxes with multiple governments and said mechanisms to tax
excess profits exist; implementation is a political, not a technical, decision.
