The penalty is for all revenue made, not all profit made. So they still lost money on this product with R&D, production, etc. expenses.

Yes but only for a couple of months, averaged over the whole year it’s significantly lower than that. Probably still on track to hit the annual average of 1.5 sometime in the next 10-20 years. Still definitely a dire situation but not entirely out of left field based on the recent estimates.

The recent records have now lifted the year-to-date global temperature to the end of August to 1.35C above pre-industrial levels, just 0.01C behind 2016 — the current record holder