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It is a windfall tax on oil and gas profits that leads the Guardian, as COP26 President Alok Sharma says more could be done to raise additional revenue. “These are excessive profits, and they have to be treated in the appropriate way when it comes to taxation”, Mr Sharma says.

Guardian Front Page 9th of January 2025

Wildfires are causing significant destruction in Los Angeles, prompting mass evacuations and overwhelming emergency services as strong wind conditions exacerbate the crisis, resulting in widespread damage and leaving thousands of buildings at risk.

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