Obscene Centrica profits show 'staggering greed' of fossil fuel giants
The obscene profits of Centrica show a staggering greed and underline how broken the energy market has become, say the Scottish Greens.
Commenting on the news that Centrica's profits have tripled, the Scottish Greens environment spokesperson, Mark Ruskell MSP, said:
"These profits are absolutely obscene. They show a staggering level of profiteering and greed, and really underline how fatally broken our energy market is.
"Right now, in every corner of the country, there are people and families suffering through a brutal cost of living crisis. They are the people who are paying for this.
"Many of them will be shocked, but not surprised, to see Centrica and the other fossil fuel giants celebrating record profits while the world is burning around us.
"We cannot continue like this. People's wellbeing and the future of our planet are at stake.
"We need to see a major investment in renewables and in our future. Green energy is the cheapest and cleanest energy available.
“That means closing the loopholes in the windfall tax to make it fit for purpose. That way we can ensure that these profits are being used to fuel a green recovery rather than continuing with a climate wrecking system that is failing people and planet.”