CNN OPINION
Climate change is about greed. It’s time for big oil to pay us back
Recently, a Dutch court in The Hague ordered Royal Dutch Shell to slash the emissions from its products. The European Union as a whole is moving forward with a European Green Deal to decarbonize the EU energy system no later than 2050. In line with the European plans, Volkswagen recently declared its intention to phase out ICEs in Europe by 2035.
As with the drug companies that pushed addictive painkillers on Americans and tobacco companies that pushed killer cigarettes, it’s time for the oil industry to pay heavy penalties on ill-gotten gains, the flip side of which are the death and destruction caused by extreme climate events.