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Thursday, July 2, 2026

Oil companies owe the world trillions in climate reparations. This study calculates the exact cost

Exxon made $56 billion last year. Under a proposed new framework, it would have to start paying $18 billion a year in climate reparations. When a climate disaster hits, the people who pay the biggest price often had the least to do with causing the problem. Take, for example, the devastating heat …

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