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As Republicans Prepare Tax Giveaway Package, Oil and Gas Companies Try to Avoid Corporate Minimum Tax
It is simply outrageous that the Republican party is using its trifecta to create yet another fossil fuel subsidy.
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Biden Administration Finalizes Rule for Clean Electricity, But Threats Remain
This rule is an important step towards the Biden Administration’s commitments to address power sector emissions.
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Groups Warn Treasury To Not Promote False Climate Solutions With New Clean Energy Credits Starting in 2025
Friends of the Earth submitted joint comments with 100+ groups to the Treasury regarding implementation of new clean electricity tax credits.
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Influential IRA Tax Credit Leaves Door Open for Dirty Energy
For the sake of communities and the climate, the 45Y tax credit can’t be another subsidy for dirty energy and Big Oil.
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Report: Big Oil Makes Billions While Society Shoulders Staggering Costs of Public Lands and Waters Drilling
Friends of the Earth released an analysis on the true social cost of carbon if the Biden administration continues allowing Big Oil to drill.
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Report: IMF must curb its support for fossil fuels
A new report shows that the International Monetary Fund continues to undermine its own climate commitments through support for fossil fuels.
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Report: Big Oil, Profiting Off of War, Plans to Return $45 Billion to Investors in Share Buybacks While Boosting Dividends
As the Russian invasion of Ukraine continues, a new report highlights how the largest U.S. oil and gas companies are profiting.
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Friends of the Earth US responds to leaked Manchin memo on reconciliation
We can’t waste this opportunity to pass meaningful climate legislation because there might not be another.
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Senator Heinrich Signals Supports for Ending Fossil Fuel Subsidies
New Mexico Senator Martin Heinrich released a letter yesterday to several environmental groups confirming that he supports ending federal subsidies to oil and gas companies
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New Report reveals Big Oil’s $86B offshore tax bonanza
A new report from Friends of the Earth, Oxfam America, and BailoutWatch shines a light on $86 billion worth of offshore tax loopholes benefiting Big Oil.