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GERRY ADAMS: Windfall tax a must as energy crisis deepens

THE cost of living crisis is taking a terrible toll on families. Food and energy bills are increasing at a phenomenal rate, pushing more and more people into debt and poverty. The ready excuse trotted out by governments and most of the media to explain this dire situation is Russia’s invasion of Ukraine and the ongoing war. While this is clearly having an impact, it cannot explain the monstrous profits being made by the oil and gas industry and by energy companies worldwide. The dramatic increase in fuel and energy costs have pushed up production costs, transport costs and the price paid by the consumer for food and petrol and heating. It is all interconnected. Strip away the propaganda and the underlying cause is easily explained. Capitalism places profit over and above all other considerations. Its goal is to extract oil and gas and sell them at a price that will maximise their profit. They are feeding the fires of the climate crisis and destroying the planet and pushing millions into poverty. Corporate greed and the ability of multi-nationals to influence political parties and governments, manage media reporting and shape public opinion are all part of this equation. Oil and gas profits for the most recent economic quarter tell their own story. Shell and Chevron each made $12bn profit. BP revealed that it had tripled its profits in the same three month period to a staggering £7bn. Exxon Mobil made $18bn in the same period. The United Nations secretary general António Guterres recently described the “grotesque greed” of the fossil fuel companies and their financial backers. In the first quarter of 2022 the largest companies will have racked up almost $100bn profit. 

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York duck Long Boi appears on James Corden's US TV show


Long Boi pictured at the University of York by Zoe Duffin
YORK duck Long Boi's fame has grown with a guest appearance on James Corden's TV late night talk show in America.
The celebrity bird, who resides in and around the University of York campus lake, had already gone viral on the Internet because he is so tall - 70cm in length from beak to webbed feet.
Zoe Duffin, a third year biology student, runs a dedicated Instagram page about the duck, and the account found itself with a following of 16.3k people in less than 24 hours.
She told The Press yesterday how one of her friends had coined the name 'Long Boi' because he was so tall.

James-corden , Zoe-duffin , Instagram , University-of-york-uniofyork , University-of-york , Long-boi , Late-show , ஜேம்ஸ்-கோர்டன் , இன்ஸ்தக்ராம் , பல்கலைக்கழகம்-ஆஃப்-யார்க் , நீண்டது-போய்

York duck Long Boi appears on James Corden's US TV show


Long Boi pictured at the University of York by Zoe Duffin
YORK duck Long Boi's fame has grown with a guest appearance on James Corden's TV late night talk show in America.
The celebrity bird, who resides in and around the University of York campus lake, had already gone viral on the Internet because he is so tall - 70cm in length from beak to webbed feet.
Zoe Duffin, a third year biology student, runs a dedicated Instagram page about the duck, and the account found itself with a following of 16.3k people in less than 24 hours.
She told The Press yesterday how one of her friends had coined the name 'Long Boi' because he was so tall.

James-corden , Zoe-duffin , Instagram , University-of-york-uniofyork , University-of-york , Long-boi , Late-show , ஜேம்ஸ்-கோர்டன் , இன்ஸ்தக்ராம் , பல்கலைக்கழகம்-ஆஃப்-யார்க் , நீண்டது-போய் , தாமதமாக-காட்டு