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Fuel on the fire: why oil companies are profiting as the world gets dangerously hot

7 July 2026 at 07:00

The scientific consensus is that burning fossil fuels drives the climate crisis, yet the world’s biggest oil companies are planning to increase production

As the world swelters in ever more dangerous heat, why are oil companies being allowed to turn up the gas instead of paying for the consequences of their greed?

That ought to be the question on everyone’s minds amid baking heat domes over much of the northern hemisphere, temperature records being smashed day after day, children dying in locked cars, hospitals filling with heatstroke victims and emergency services tackling wildfires.

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Β© Photograph: Christian Hartmann/Reuters

Β© Photograph: Christian Hartmann/Reuters

Β© Photograph: Christian Hartmann/Reuters

Climate Change Fueling Europe’s Ferocious Heat Wave, Scientists Find

26 June 2026 at 05:01
A scientific analysis concluded that such high temperatures, across so much of the continent, would β€œnot have been possible” without global warming.

Β© Christophe Archambault/Agence France-Presse β€” Getty Images

A shady passageway on Tuesday in Bordeaux, France, where temperatures reached 108 degrees Fahrenheit, or roughly 42 Celsius.
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