‘Grotesque greed’: UN chief Guterres slams oil and gas companies | Oil and Gas News

UN Secretary-Common Antonio Guterres urges governments to tax oil and fuel corporations’ earnings amid the power disaster.

United Nations Secretary-Common Antonio Guterres slammed the “grotesque greed” of oil and fuel corporations and their monetary backers and urged governments globally to “tax these extreme earnings” to assist essentially the most weak folks.

“It’s immoral for oil and fuel corporations to be making file earnings from this power disaster on the backs of the poorest folks and communities, at an enormous value to the local weather,” Guterres advised reporters on Wednesday.

The 2 largest United States oil corporations – Exxon Mobil Corp and Chevron Corp – plus British-based Shell and France’s TotalEnergies mixed earned practically $51bn in the newest quarter, nearly double what the group introduced in for the year-ago interval.

“I urge all governments to tax these extreme earnings, and use the funds to assist essentially the most weak folks by means of these tough occasions,” Guterres stated.

“And I urge folks in all places to ship a transparent message to the fossil gas business and their financiers: that this grotesque greed is punishing the poorest and most weak folks, whereas destroying our solely widespread residence,” he stated.

Politicians and client advocates have criticised the oil corporations for capitalising on a worldwide provide scarcity to fatten earnings and gouge customers. US President Joe Biden stated in June that Exxon and others have been making “more cash than God” at a time when client gas costs surged to data.

Final month, Britain handed a 25 % windfall tax on oil and fuel producers within the North Sea. US lawmakers have mentioned the same thought, although it faces lengthy odds in Congress.

Guterres stated Russia’s battle in Ukraine and the local weather breakdown have been stoking a worldwide meals, power and finance disaster.

“Many growing international locations – drowning in debt, with out entry to finance, and struggling to get well from the COVID-19 pandemic – might go over the brink,” he stated. “We’re already seeing the warning indicators of a wave of financial, social and political upheaval that would go away no nation untouched.”

US defence chief says militaries should be civilian controlled | Military News

US President Joe Biden’s defence secretary, Lloyd Austin, talking at an Americas-wide defence convention in Brazil, the place army loyalty to the structure has turn into a central problem forward of the October 2 presidential election, mentioned militaries must be underneath civilian management.

Austin, a retired US Military normal, made the feedback on Tuesday, from Brazil’s capital, Brasilia.

“Credible deterrence calls for army and safety forces which are prepared, succesful, and underneath agency civilian management,” Austin mentioned, including: “The extra we deepen our democracies, the extra we deepen our safety.”

Austin’s remarks got here simply two days after Brazilian President Jair Bolsonaro formally launched his re-election bid by saying: “The military is on our facet.”

The best-wing populist has publicly forged doubt on the validity of Brazil’s electoral system. Some opinion polls present him down virtually 20 share factors in opposition to his predominant presidential opponent, former President Luiz Inacio Lula da Silva of the Staff’ Get together.

Jair Bolsonaro
Brazilian President Jair Bolsonaro’s authorities consists of former and present army officers [Carla Carniel/Reuters]

Austin is anticipated to carry bilateral talks with Brazil’s delegation on Wednesday.

Austin is in Brazil collaborating within the fifteenth Convention of Protection Ministers of the Americas (CDMA).

The US Division of Protection mentioned that in the course of the go to, Austin will “assist affirming the position of the army in a democratic society, together with respect for civilian authorities, democratic processes, and human rights”, in keeping with a press launch revealed Friday.

“To the venue as a complete, he’s going to convey a really sturdy and clear message on the necessity for militaries to respect democracies,” a senior US defence official informed Reuters, talking on situation of anonymity.

The manoeuvres have unnerved Brazil watchers in Washington, DC, together with in Congress.

“[Austin] ought to merely clarify that the army ought to keep out of the election and permit any disputes concerning the election to be resolved by constitutional means,” US Consultant Tom Malinowski, a Democrat and a member of the Home International Affairs Committee, informed Reuters.

“And he ought to remind his counterparts that US regulation restricts our cooperation with international militaries that take part in something that may resemble a coup.”

Army leaders have repeatedly mentioned Brazil’s armed forces will respect any results of the election.

Some army officers have made headlines, nevertheless, by echoing Bolsonaro’s feedback about potential weaknesses in Brazil’s voting system.

Bolsonaro has sought to characterise the upcoming race as a battle between good and evil, echoing his 2018 marketing campaign that offered him as an outsider crusading to revive regulation, order and conservative values to a wayward nation. He joined the centrist Liberal Get together in November after failing to discovered his personal celebration.

Bolsonaro has primarily based a lot of his political profession on nostalgia for Brazil’s 1964-1985 army dictatorship, disparaging Congress and the courts whereas filling his authorities with present and former officers from the armed forces.

Thomas Shannon, a former US ambassador to Brazil, mentioned Brazilians had been searching for indicators about how their army would possibly act if Bolsonaro refuses to simply accept defeat on the poll field.

“Secretary Austin … is strolling right into a political tempest during which Brazilians are attempting to measure the extent of institutional assist for a possible effort to undo the outcomes of the elections,” Shannon informed Reuters.

Former US officers, together with Shannon, cautioned that Brazil doesn’t reply effectively to threats, and that any messaging must be centered on the US-Brazil partnership “versus saying: ‘Don’t do that and don’t do this.’”

“Nevertheless it must be [a message] that makes clear that the US-Brazil military-to-military partnership relies on a typical dedication to democratic values and follow,” Shannon mentioned.

The US Division of State just lately affirmed its confidence in Brazil’s electoral system, a uncommon step throughout a heated, polarising marketing campaign.

“We don’t need to get in the midst of Brazil’s elections, in any respect. However we need to be certain that the very fact [is known] that we imagine Brazil’s electoral system is credible and able to managing a free and truthful election,” the senior US defence official mentioned.