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.
fossil fuel subsidies
Oil Change International Statement On Clean Power Plan Repeal
“Pruittâs move to repeal the Clean Power Plan shouldnât come as any surprise. Heâs repeatedly partnered with fossil fuel companies to sue the EPA for regulating the industryâs air, water, and climate pollution. This kind of cronyism is exactly what happens when government agencies are captured by the corporations theyâre supposed to oversee.”
Ex-FEMA Head: âLook at climate change if you want smarter disaster reliefâ
The former Federal Emergency Management Agency chief, Craig Fugate, has told the Trump Administration âYou have to look at climate change science if you want smarter disaster relief.â
Report: Trumpâs âEnergy Dominanceâ Plans Rely on Billions in Fossil Fuel Subsidies
A new report out today reveals that U.S. taxpayers continue to foot the bill for more than $20 billion in fossil fuel subsidies each year. These subsidies amount to billions of dollars wasted to prop up an industry responsible for a climate crisis that has contributed to lives lost and hundreds of billions in damages this hurricane season alone.
Dirty Energy Dominance: Dependent on Denial â How the U.S. Fossil Fuel Industry Depends on Subsidies and Climate Denial
A new report by Oil Change International reveals that U.S. taxpayers continue to foot the bill for more than $20 billion in fossil fuel subsidies each year. Every dollar spent subsidizing this industry takes us further away from achieving internationally agreed emissions goals, and maintaining a stable climate.
Statement Ahead of Trump Tax Restructuring Speech
Itâs unfortunately fitting that Trump chose an oil refinery to stage his speech on âreformingâ the tax code. Heâs railed against special interest loopholes, but Trumpâs so-called energy dominance agenda relies on massive taxpayer handouts to oil, gas, and coal companies.
Statement: G20 leaders shame Trump, but fail to end fossil fuel subsidies
FOR IMMEDIATE RELEASE July 8, 2017 CONTACT: Alex Doukas, alex [at] priceofoil [dot] org Stephen Kretzmann, steve [at] priceofoil [dot] org In response to the language in the G20 Leadersâ Communique from the 2017 summit in Hamburg, which fails to establish a deadline for the phase out of fossil fuel subsidies, Oil Change International … Read More
To really hit Trump on climate change, other G20 leaders must end fossil fuel handouts
A Trump vs. the world showdown is brewing at this yearâs G20 leadersâ summit, July 7 and 8 in Hamburg, Germany. After pulling the United States out of the Paris Agreement, Trumpâs climate denial will likely take a beating from other G20 governments, who nearly all say they support strong climate action. An ugly diplomatic … Read More
Trumpâs Interior budget: More drilling, more mining, more handouts
The myth that opening up more public lands and waters for fossil fuel production will result in a windfall for America is dead wrong. The only windfall from this production is enjoyed by oil, gas, and coal executives.
Interior budget boosts fossil fuels, cuts renewables funding
In a huge industry giveaway, Trumpâs Department of Interior budget increases funding for oil, gas, and coal expansion by more than $34 million â and slashes renewable energy by at least $15 million.