Tag: big oil

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.

Should the bill survive the legal challenges as expected, Vermont will be the first state in the nation to force Big Oil to pay for the climate disasters caused by its products.

Whitehouse and Raskin’s plea today is for the Justice Department to go further and launch its own actions to hold the fossil fuel industry accountable.

State and local governments have also taken legal action against the fossil fuel industry, seeking compensation for climate-related damages.

The oil and gas industry has reaped profits without ensuring there will be money to plug and clean up their wells.

Fossil fuel industry efforts to delay inquiries highlight its sense of impunity—and echo tactics used to obstruct climate action and deceive the public.