Friday, April 4, 2025

Tag: Oil

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.

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. 

California statewide fracking ban goes into effect

The state oil and gas regulator can no longer issue fracking permits for oil and gas wells effective Oct. 1.

EU accused of inviting fossil fuel executives to COP28 under false...

More fossil fuel lobbyists were granted access to the Dubai summit than any previous year.

Tensions escalate as Biden considers Israeli strike on Iran’s oil infrastructure

The announcement has sparked alarm across the globe, with concerns about soaring oil prices, increased instability in the region, and domestic political ramifications in the United States.

Evidence CEOs tried to illegally boost oil prices grows as FTC...

The FTC’s complaint is the second major deal this year where the antitrust agency found evidence of collusion between top shale producers and oil companies that they’re legally obligated to compete against.

Khanna proposes ending billions in taxpayer subsidies for Big Oil amid...

Legislation targets federal handouts fueling enhanced oil recovery while exacerbating the climate emergency.

Ending oil subsidies and taxing the rich could unlock $5 trillion...

The report, released during the United Nations General Assembly talks and ahead of the COP29 climate summit, outlines a series of proposals that could shift resources away from environmentally harmful practices and toward sustainable development.

Canada’s oil patch blames anti-greenwashing law for delayed sustainability reports

Is the global push for climate transparency just getting started?

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10 organizing principles for defeating Trumpism 2.0

We need principles that build power now and for the long term. 

China retaliates against Trump tariffs with sweeping countermeasures as global markets plummet

Beijing responds to Trump’s aggressive new tariffs with 34% duties on all U.S. goods, rare-earth export controls, and sanctions on U.S. firms, signaling a major escalation in the global trade war

GOP plans to sidestep Senate rules to force $4.6 trillion tax giveaway for the...

Republicans aim to make Trump’s 2017 tax cuts permanent by bypassing the Senate parliamentarian—an approach Democrats refused to take to raise the minimum wage.

Why more environmental justice organizations must join the call for a militarism-free future

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.

Only 15 senators back effort to block arms to Israel as Gaza deaths surpass...

Despite an escalating humanitarian crisis in Gaza and allegations of war crimes, the U.S. Senate overwhelmingly rejected resolutions to halt $8.8 billion in weapons sales to Israel, with only 15 senators supporting the effort.