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Fossil Fuels Owe $209 Billion a Year in Climate Reparations

The world’s top fossil fuel companies owe at least $209 billion in annual climate reparations to compensate communities most damaged by their polluting business and decades of lies, a new study calculates.

BP, Shell, ExxonMobil, Total, Saudi Arabia’s state oil company and Chevron are among the largest 21 polluters responsible for $5.4 trillion in drought, wildfires, sea level rise, and melting glaciers among other climate catastrophes expected between 2025 and 2050, according to groundbreaking analysis published in the journal One Earth.

"This new report puts the numbers on the table -- polluters can no longer hide from their crimes against humanity and nature."

Harjeet Singh, Head of Global Political Strategy at Climate Action Network International

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