‘Greedflation’ study finds many companies were lying to you about inflation
‘Greedflation’ study finds many companies were lying to you about inflation
Companies like Exxon Mobil, Shell, and Kraft Heinz enjoyed bumper profits as consumers struggled with historic inflation.
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The beginnings of a list:
"The biggest perpetrators were energy companies like Shell, Exxon Mobil, and Chevron, which were able to enjoy massive profits last year"
If you can find any way to go electric, use petrol less, ride a bike, walk, use a train, avoid a plane, etc, go for it. Prolly the petrol corps won't notice your individual actions, but the carbon you'll keep out of the atmosphere might just help to keep our planet's ecosphere viable.The Study itself: INFLATION, PROFITS AND MARKET POWER TOWARDS A NEW RESEARCH AND POLICY AGENDA - https://www.ippr.org/files/2023-12/1701878131_inflation-profits-and-market-power-dec-23.pdf - Jeebus, 32 pages!
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but the carbon you’ll keep out of the atmosphere might just help to keep our planet’s ecosphere viable.
This is only if nations stop burning oil even if it's cheap.
Nations aren't going to stop burning oil until it's too expensive.
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That’s why oil should have the cost of climate change and healthcare from pollution added to it. If oil was as expensive as the true cost, we’d have ditched it decades ago.
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I totally agree, but the people we put in power don't care about the true cost because we don't.
Collectively speaking, anyways.
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