Sunday, March 22, 2026

Tag: fossil fuel subsidies

Former leaders urge permanent polluter profit taxes to fund climate action

With the United Nations General Assembly underway, former presidents and prime ministers call for permanent polluter profit taxes, subsidy shifts, and fair financing for a just transition.

Khanna unveils $12 trillion progressive plan to cut deficit and invest...

As Republicans push tax cuts for the wealthy, Rep. Ro Khanna releases a sweeping economic blueprint that targets Pentagon waste, corporate fraud, and billionaire loopholes to fund national priorities.

Fossil Fuel subsidies nearly doubled in major economies between 2020 and...

“Fossil fuel subsidies are a roadblock to a more sustainable future, but the difficulty that governments face in removing them is underscored at times of high and volatile fuel prices,”

Footage of Exxon lobbyist increases pressure on Biden to end fossil...

“It’s time for President Biden to pick a side: Exxon or the American majority?”

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Balanced budget amendment would put Social Security, Medicare, and core public services on the...

The proposal would make revenue increases extraordinarily difficult while allowing tax cuts to pass more easily, shifting pressure onto widely used federal programs.

Pentagon seeks $200 billion for Iran war as costs surge and Congress pushes back

Lawmakers question the scale, legality, and strategy of a massive funding request as troop deployments expand and the conflict shows signs of escalation.

The Paris Prelude: Why the US and China are moving toward a Cold Peace

Nuanced engagement is an improvement over chaotic confrontation.

Scale raises the ceiling, but fiscal foundations determine whether autocracy or democracy prevails

The implication is stark: democracy is not only a constitutional or ideological arrangement; it is fundamentally a fiscal one.

State Department purge left US exposed as Iran war sent energy prices soaring

Internal layoffs removed the very officials who would have modeled oil supply disruptions, coordinated with Gulf energy partners, and prepared for retaliatory strikes as war with Iran drove gas and crude prices sharply higher.