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Fuel on the fire: why oil companies are profiting as the world gets dangerously hot

The scientific consensus is that burning fossil fuels drives the climate crisis, yet the world’s biggest oil companies are planning to increase productionAs the world swelters in ever more dangerous heat, why are oil companies being allowed to turn up the gas instead of paying for the consequences of their greed?That ought to be the question on everyone’s minds amid baking heat domes over much of the northern hemisphere, temperature records being smashed day after day, children dying in locked c

Fuel on the fire: why oil companies are profiting as the world gets dangerously hot

Published July 7, 2026 · Category: Markets

Overview

The scientific consensus is that burning fossil fuels drives the climate crisis, yet the world’s biggest oil companies are planning to increase production

As the world swelters in ever more dangerous heat, why are oil companies being allowed to turn up the gas instead of paying for the consequences of their greed?

Details

That ought to be the question on everyone’s minds amid baking heat domes over much of the northern hemisphere, temperature records being smashed day after day, children dying in locked cars, hospitals filling with heatstroke victims and emergency services tackling wildfires.

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Source

Originally published at www.theguardian.com.

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