Christian Coalition Urges EU to Tax Fossil Fuel Profits and Accelerate Energy Transition
‘Colossal profits’: Christian leaders lambast fossil fuel giants as they demand EU windfall tax

Image: Euronews
A coalition of 120 Christian organizations from 20 EU countries has called on the European Union to impose a tax on fossil fuel companies' profits and expedite the transition to clean energy. The appeal highlights the moral obligation to phase out fossil fuels, particularly in light of the ecological crisis affecting the poorest communities globally.
- 01The appeal, titled 'Europe, Be Faithful for our Common Home', emphasizes that caring for creation is essential for Christians.
- 02Fossil fuel companies made over $30 million (€25.8 million) in profit every hour during the first month of the US-Israeli conflict in Iran.
- 03The Christian organizations demand a clear strategy to phase out coal by 2030, gas by 2035, and oil by 2040.
- 04Fossil fuel subsidies reached $620 billion (€534 billion) in 2023, according to the International Energy Agency.
- 05The EU's environmental omnibus legislation is criticized for weakening environmental protections and delaying climate commitments.
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A coalition of 120 Christian organizations from 20 EU countries has issued an urgent appeal to the European Union to phase out fossil fuels and implement a windfall tax on profits made by fossil fuel companies. The appeal, titled 'Europe, Be Faithful for our Common Home', emphasizes the moral responsibility of Europe to accelerate the transition to clean energy, especially in light of the ecological crisis disproportionately affecting the poorest communities. The organizations, including notable groups like the Laudato Si’ Movement and Caritas Europa, argue that fossil fuel companies, which made over $30 million (€25.8 million) in profit every hour during the initial month of the US-Israeli conflict in Iran, should be taxed to finance the energy transition and support vulnerable households. They call for a clear strategy to phase out coal by 2030, gas by 2035, and oil by 2040, alongside an immediate ban on new fossil fuel exploration. The appeal also criticizes the EU's current environmental omnibus legislation for weakening protections and delaying climate commitments, urging the EU to prioritize human dignity and environmental health over corporate profits.
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The proposed windfall tax and phase-out of fossil fuels could alleviate financial burdens on vulnerable households and promote investment in renewable energy.
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