UN secretary general calls for windfall tax on fossil fuel companies: 'Polluters must pay'

António Guterres.
(Image credit: Anna Moneymaker/Getty Images)

United Nations Secretary General António Guterres is urging the world's developed countries to tax the windfall profits of fossil fuel companies and redirect the money to "countries suffering loss and damage caused by the climate crisis and to people struggling with rising food and energy prices."

Speaking on Tuesday to the UN General Assembly, Guterres said the world is "in big trouble," and a "winter of global discontent is on the horizon, a cost-of-living crisis is raging, trust is crumbling, inequalities are exploding, and our planet is burning. We have a duty to act and yet we are gridlocked in colossal global dysfunction. The international community is not ready or willing to tackle the big dramatic challenges of our age."

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.