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Big Oil to talk bailout with Trump
CEOs from seven major oil companies are meeting today with Trump in the White House. The discussion is expected to include support for the industry amidst the coronavirus and the Saudi-Russia oil pric…
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Continued Big Oil bailouts must stop
A new analysis from Friends of the Earth shows that reducing royalty and rental payments would render huge benefits to polluters at the expense of taxpayers and the climate.
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No More Big Oil Bailouts
Corporate polluters are asking for “royalty relief,” essentially a bailout that would lower or eliminate payments to taxpayers.
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Big Oil’s favorite lawmakers demand royalty relief
A letter published today from 12 Senate Republicans calls on Secretary of the Interior David Bernhardt to support the fossil fuel industry by using existing legal authority to “reduce or suspend”…
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Friends of the Earth applauds MLGW’s decision to suspend utility disconnects for non-payment during coronavirus crisis
As the coronavirus pandemic sweeps across Memphis, the Mid-South, and the country we at Friends of the Earth support and applaud the decision of Memphis Light, Gas & Water to temporarily suspend disco…
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Dirty Energy pitfalls in final $2T stimulus
Last night the Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The $2 trillion stimulus is likely to proceed quickly through the House and become law.
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Senate stimulus a good first step, but pitfalls remain
Senate negotiators reached a deal on a $2 trillion coronavirus stimulus bill early this morning. Although concessions were made regarding Leader McConnell’s $425 billion corporate slush fund, the ov…
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No Bailout for Fracking
The financial instability of the fracking industry existed long before the coronavirus. At a time of unprecedented emergency, polluters are now poised to benefit from bailout funding in the Coronaviru…
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New analysis highlights dangers of fracking bailout
Friends of the Earth released an analysis today addressing the ethical, environmental and financial implications of a bailout for the fracking industry, which could benefit to the tune of billions fro…
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Nuclear lobby’s coronavirus cash grab is shameless
The Nuclear Energy Institute, the industry’s main lobbying arm, is reportedly requesting a 30 percent tax credit for existing reactors as part of coronavirus aid.This is the same demand that the nuc…