Amazon paid £0 in UK corporation tax last year. How do rich multinational corporations get away with paying little-to-no tax on their vast profits – and who is paying for the black hole this lost tax revenue leaves in public finances?
A post-extractive approach understands that resources are finite and hold value beyond their monetary value, and that the process of extraction has costs far beyond the financial. Resource use must be justice-based, and prioritised raising living standards for the majority of people within planetary limits, rather than maximising profit for a few at any cost.
London-based mining company Anglo American claims to be a climate leader — yet its mining projects are devasting Global South communities and the environment.
The UK and other rich industrialised Global North countries must take responsibility for fuelling the climate crisis by paying climate reparations to countries in the Global South.
How will Colombia’s new Pacto Historico government, headed by Gustavo Petro and Francia Marquez translate their radical climate justice platform into policy?