Tag: big oil
War-fueled oil profits deepen what critics call an obscene transfer of...
As TotalEnergies and BP post surging profits tied to oil price shocks from the U.S.-Israeli war on Iran, critics warn that fossil fuel giants are once again converting geopolitical crisis into shareholder windfalls while households absorb the economic pain.
Trump’s Iran war drives more than $100 billion to fossil fuel...
Analysis finds oil and gas price spikes linked to the conflict have shifted massive wealth from households and businesses to major energy companies while lawmakers propose taxing windfall profits.
Big Oil profits surge as Democrats push windfall tax tied to...
Lawmakers and advocacy groups propose taxing fossil fuel windfalls as war-driven price spikes hit American households and deepen inequality.
The reality behind JP Morgan’s ‘net zero’: Billions flow to Big...
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.
Why more environmental justice organizations must join the call for a...
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 pushes for tax breaks as Republicans seek corporate handouts
Big Oil has spent decades influencing U.S. tax policy, ensuring that it continues to receive billions in government handouts while avoiding taxes.
California’s bold move to hold Big Oil accountable for climate disasters
New bill aims to shift wildfire recovery costs from taxpayers to fossil fuel companies.
As extreme weather batters communities, New York climate activists show a...
December’s protests helped push the Climate Change Superfund Act over the finish line while garnering national attention.
Taxing Big Oil could boost UN loss and damage fund by...
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.
Revealed: Big Oil told 70 years ago that fossil fuel emissions...
Compelling new evidence shows this pattern of behavior was already hardwired into the industry’s DNA by 1955 and persists today.
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Could Trump’s Iran fiasco be America’s Suez crisis?
The U.S. war on Iran today, but similarities in the larger context, suggest that the United States is facing the same kind of “end of empire” moment that the British Empire faced in that historic crisis.
Trump DOJ subpoenas reporters after Iran war leaks trigger escalating clash with the press
The Trump administration has reportedly issued subpoenas targeting journalists and news organizations over Iran war reporting, intensifying concerns that the Justice Department is being used to expose confidential sources and pressure outlets covering national security issues
Wow! Losing the war PLUS losing the peace – the frenzy of fiascos ravage...
What other blundering buffoons ever lost a war (of choice), then willfully lost the peace via threats, phony bluffs and tin-ear, belligerent BS?
Too much money, too little democracy: Americans across party lines reject billionaire power in...
A new national poll finds widespread bipartisan concern that billionaires, dark money and special interest spending are overpowering ordinary voters in U.S. elections as campaign spending continues to shatter records.
Now you see them… now you don’t
Women leaders and Trump 2.0.