Fossil Fuel Giants Are Benefiting From Negative Effective Tax Rates
In 2018, fossil fuel-tied corporations that are driving our climate crisis disproportionately benefited from paying no federal income taxes.
Climate
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Bank of America is Set to Profit from the Biggest Oil Industry Merger in Years
BofA is advising oil giant Occidental Petroleum on its attempted takeover of Anadarko. If they can help close the deal, the bank will rake in tens of millions of dollars in advisory and service fees.
Reps Overseeing Pipeline Safety are Profiting From Pipeline Companies
American oil and gas pipelines continue to expand while the agency that’s supposed to oversee them sits idly by.
California Climate Change Denier Has a Progressive House Challenger
Republican Rep. Doug LaMalfa has supported legislation to loosen environmental protections and increase post-fire logging, which can exacerbate forest fires, in his state.
Democratic Leader Ben Ray Luján Endorses Green New Deal, Won’t Take Fossil Fuel Exploration Money
A spokesperson for Luján told Sludge that he won’t take money from fossil fuel PACs and executives, but he hasn’t signed the No Fossil Fuel Money pledge.
Beto O’Rourke Says He Won’t Take Fossil Fuel CEO Money—But He Already Has
Two Houston-based oil and gas CEOs each gave the maximum allowed donation to O’Rourke’s campaign on March 29.
Trade Group for Small, Independent Oil Producers Has Deep Ties to Big Oil
Through think tanks, academia, and its own public education website, the Independent Petroleum Association of America is intertwined with many of the largest oil and gas companies in the world.
GOP Picks a Top Oil and Gas Money Recipient as Climate Committee Ranking Member
Only six House members took more money from the oil and gas industry in 2018 than their pick, Rep. Garrett Graves.
Dems Not Backing Green New Deal Took Far More Money From Oil and Gas Interests
The more oil and gas money a House Democrat has received, the less likely they are to support the Green New Deal
Senators Who Will Impact Green New Deal Own Stock in Fossil Fuel Companies
Several members of the Senate Energy and Environment committees collectively own millions of dollars worth of stock in companies such as Chevron, Exxon, and ConocoPhillips.
