Tag: fossil fuel industry
Shell’s ‘delusional’ net zero strategy commits $8 billion to fossil fuels
“Shell’s 'comprehensive carbon management approach’ is yet another proof of the little interest that this polluting company has to reduce its emissions.”
‘The fossil fuel industry is terrified’: Gas company sues to destroy...
“Grant Township has proven against all odds that a community is capable of stronger protections for the environment than state or federal governments.”
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.”
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Suicide is never painless—yet right-wing implosions bring positive changes
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Trump-backed PAC took $5 million from tobacco giant before FDA opened door to flavored...
A multimillion-dollar contribution from Reynolds American was disclosed days before tobacco executives met with President Trump and less than a week before federal regulators issued guidance that could expand flavored vape sales and benefit major cigarette manufacturers.
Alex Saab and the fragility of the solidarity movement
It’s difficult not to see the renewed imprisonment of Alex Saab as a disappointing capitulation to U.S. coercion after so many of us fought for his freedom, but we cannot forget the task at hand.
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.
Democrats hid their 2024 election autopsy. Its most glaring omission may be Gaza
After months of pressure from activists and party members, the Democratic National Committee released a previously withheld 192-page review of its 2024 defeat. The document sheds light on the party’s internal postmortem while raising new questions about transparency, accountability, and the complete absence of any discussion of Gaza.