Tag: big oil

JP Morgan’s “green” funds have funneled over $4 billion to the fossil-fuel majors, betraying the firm’s promises and undermining efforts to achieve net zero.

An open letter initiated by CODEPINK urges the world to take the arduous baby step of recognizing the deadly intersection of war and environmental destruction.

Big Oil has spent decades influencing U.S. tax policy, ensuring that it continues to receive billions in government handouts while avoiding taxes.

New bill aims to shift wildfire recovery costs from taxpayers to fossil fuel companies.

December’s protests helped push the Climate Change Superfund Act over the finish line while garnering national attention.

Targeting the world’s seven largest publicly traded oil and gas companies—ExxonMobil, Shell, Chevron, TotalEnergies, BP, Equinor, and ENI—the tax would hold major polluters accountable for their contributions to the climate crisis.

Compelling new evidence shows this pattern of behavior was already hardwired into the industry’s DNA by 1955 and persists today. 

The report draws attention to how these corporations finance far-right political movements, violate labor laws, exacerbate the climate crisis, and influence media and technology to control narratives.

ExxonMobil and other fossil fuel and petrochemical companies are being accused of promoting recycling as a solution to plastic waste management despite internal knowledge that it is not a viable solution.

The Polluters Pay Climate Fund Act would require major fossil fuel companies to pay into a damages fund, modeled after the Superfund, to help mitigate the harm caused by their contributions to global warming.