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Cashing in on COVID: Tax Breaks, Royalties and Stimulus Loans
As the US continues to lead the world in COVID-19 infections and deaths, Big Oil is looking to cash in on the policy response to the crisis. While frontline workers make due without hazard pay or prot…
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Public interest groups unite to form Duke Energy watchdog
A coalition of public interest, social justice, watchdog and environmental groups are joining forces to hold Duke Energy, the largest investor-owned U.S. electric utility, accountable for its policies…
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It’s Time to Abandon the Atlantic Coast Pipeline
Shareholders should encourage Duke Energy and Dominion Energy executives to re-evaluate the prudence of pouring billions of dollars more into the Atlantic Coast Pipeline (ACP). Current events demonstr…
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NEW REPORT: Former energy exec warns Dominion, Duke investors to abandon high-risk gas pipeline
Dominion Energy and Duke Energy should stop trying to build the Atlantic Coast Pipeline. The project is already billions over budget, and construction has been stalled since 2018 by an onslaught of le…
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Federal Reserve bows to Big Oil
This morning the Federal Reserve announced changes to the so-called Main Street Lending Facility, a $600 billion program established with money from the stimulus.
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GOP Senators push Fed for Big Oil bailout
Eleven Senate Republicans released a letter today, calling for greater availability of stimulus funds for oil and gas companies. The Senators are specifically demanding that Treasury Secretary Mnuchin…
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Polluters invest in post-COVID lobbying
A new analysis from Friends of the Earth shows a boost in lobbying registrations from the oil, gas and plastic industries as a result of the coronavirus.
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The Big Oil Money Pit
How $750 billion in new stimulus spending could prop up failing polluters
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New Report: Big Oil’s Money Pit to Reap Stimulus Billions
The Federal Reserve just announced $750 billion in corporate debt-buying as part of funding made available through the stimulus. Big Oil companies stand to reap yet another billion dollar bailout.