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Sunday, June 22, 2025

Gov’t urged to impose higher taxes on oil, gas industries to settle loss and damage claims

Eight in ten people globally support taxing oil and gas corporations to pay for climate-related damages, according to a new survey.

The survey, conducted across 13 countries—including Kenya and most G7 nations—found that a majority of respondents believe governments must impose taxes on oil, gas, and coal corporations for climate-related loss and damage.

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