Yesterday, Sens. Whitehouse (D-RI), Heinrich (D-ND), Capito (R-WV) and Barrasso (R-WY) introduced the Carbon Capture Utilization and Storage Act, legislation to extend and more than double tax credits to fossil fuel companies for using climate pollution to extract more oil.
f passed, Oil Change International’s forthcoming analysis reveals that this legislation would be worth up to $4.5 billion each year to the oil industry, making it the largest single federal handout to the fossil fuel industry.
New briefings show that while some banks are making good progress, many are still financing billions of dollars in fossil fuel projects despite mounting climate impacts and global commitments like the Paris Agreement.
"Pruitt’s move to repeal the Clean Power Plan shouldn’t come as any surprise. He’s repeatedly partnered with fossil fuel companies to sue the EPA for regulating the industry’s air, water, and climate pollution. This kind of cronyism is exactly what...
The U.S. Export-Import Bank (USEXIM) is the third-largest supporter of fossil fuels among all G20 countries, according to a new report out today from Oil Change International, Friends of the Earth U.S., and WWF's European Policy Office.
Today the Nebraska PSC chose to stand with Trump, climate denial, and Big Oil. Good luck with that. Whatever happens now there is precisely zero chance that the global citizen, investor, and government momentum behind the Paris goals and against...
Early this morning, the Senate passed a tax overhaul bill riddled with tax breaks for wealthy individuals and corporations, more handouts to fossil fuels, and provisions that would imperil health coverage for millions.
"It's cynical and reckless to provide relief for climate-related disasters with one hand, while essentially paying Big Oil to worsen the climate crisis with the other. Transferring billions of dollars from hard-working taxpayers to ultra-rich oil companies to extract more...
Today, an open letter signed by 236 international civil society organizations in 44 countries called on Canadian Prime Minister Justin Trudeau to stop backing the Kinder Morgan tar sands pipeline project and begin planning for a managed decline of fossil...
Dozens of advocacy groups highlighted fundamental flaws in a draft federal study intended to assess the macroeconomic impacts of expanded LNG export.
