I think the EXCESS profit should be taxed at 100% and be given to a UN climate change group to distribute to countries (LOW carbon producing countries) being damaged by climate change. Unfortunately there is NO world mechanism to deal with companies doing international damage
#Action is needed. We are being ripped off & the future of climate looks bleak! Eight of the biggest oil companies amassed profits of more than $90bn (£67bn) in just three months as the Iran conflict sent energy prices soaring and the emissions-fuelled climate crisis caused deadly heatwaves.