Tag: fossil fuel industry
Trump administration targets banks divesting from fossil fuels in new anti-climate...
The OCC’s new rule could stunt divestment campaigns by requiring major banks to justify each individual decision to regulators using “quantitative, impartial risk-based standards established by the bank in advance.”
Fossil fuel industry received $110 billion in direct and indirect COVID-19...
Since March 26, the United States government "provided between $10.4 billion and $15.2 billion in direct benefits to coal, oil and gas companies" and nearly $95 billion in indirect benefits.
TD Bank joins other major financial institutes to commit to ambition...
The Group's commitment to a global climate action plan makes them the latest major financial institution along with Morgan Stanley and Barclays.
Trump’s golden era of energy is turning to lead
Nothing can hide the painful economics facing these industries—no matter what President Trump says.
Omar, Sanders introduce End Polluter Welfare Act to close tax loopholes...
"Today more than ever we need to protect people and the planet, not polluters and their profits.
Fossil Fuel industry abusing CARES Act that was created to help...
There’s no limit on how the new refunds can be used -- and even bankrupt firms can get them.
As oil prices fall below $0 per barrel, climate advocates urge...
“The oil price collapse creates a historic opening: a public buyout of the fossil fuel sector to enact a managed decline of extraction and ensure a just transition for workers and communities.”
Public ownership of fossil fuels a potential solution to multiple crises,...
“This is a really key and important time to ensure those bailouts are not used to extend the lives of these companies, but instead are able to potentially take them into public ownership and then ensure that they aren't shedding worker commitments or community commitments or environmental commitments.”
Keystone XL Pipeline construction to forge ahead during coronavirus pandemic
"He may want voters to believe that boom times are just around the corner, but even before COVID-19, global investors and central bankers were warning that the smart money is moving out of fossil fuels."
Industry infighting as oil and gas seek government help
As the crisis sweeps over the fossil fuel industry, the desperate calls for government help are dividing erstwhile allies.
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$380 million in funding cuts to one of the most successful public education programs
“Every day, there’s yet another abuse.” The wanton attack on public schools is one of America’s biggest tragedies.
DHS warehouse jail plan signals historic expansion of immigration detention
Documents and reporting reveal a sweeping plan to convert warehouses and deploy military contracting to rapidly expand immigration jails across the United States.
Trump delivers lunch to Beijing
China is taking advantage of the fact that even the most even-tempered of allies have had it with Trump and his tantrums.
The digital media oligarchy: Who owns online news?
Even Bagdikian’s later editions, written at the dawn of the internet, could not fully anticipate how profoundly digital technology would reconfigure the media oligarchy.
Omar says ICE drawdown ‘not enough’ as thousands of agents remain deployed in Minnesota
After Trump border czar Tom Homan announced that 700 federal immigration agents would leave Minnesota, Rep. Ilhan Omar, civil rights groups, and national coalitions said the move leaves an ongoing occupation intact while killings, constitutional violations, and international human rights complaints remain unresolved.