Truthout
Fossil Fuel Industry
Trump’s Day 1 May See Major Gains for Fossil Fuel Industry at Climate’s Expense
Trump is expected to sign several executive orders — some of them likely crafted by fossil fuel industry lobbyists.
Report: Louisiana LNG Operators Set to Receive Over $21 Billion in Tax Breaks
If all the planned terminals in Texas and Louisiana open, they would reverse nearly a third of US emissions reductions.
Advocates Say Plastics Treaty Draft Falls Far Short as Talks Near Deadline
The current text excludes key demands, including a binding limit on plastic production and a ban on dangerous additives.
Environmentalists Slam FERC Decision to Green Light Mountain Valley Pipeline
A segment of the pipeline recently ruptured during testing, amplifying opponents' concerns about future gas leaks.
Vermont Passes Historic Bill to Make Big Oil Pay for Climate Disasters
If the bill becomes law, Vermont will be the first state to hold Big Oil accountable for damages caused by its products.
Exxon and Chevron Announce Record Shareholder Returns in Hottest Year on Record
CEO Mike Wirth boasted that in 2023 Chevron “produced more oil and natural gas than any year in the company's history.”
Fossil Fuel Industry Knew About Impending Climate Crisis as Early as 1954
Newly uncovered evidence shows the industry in fact funded research behind a foundational concept in climate science.
Gore: COP28 on “Verge of Complete Failure” as Pact Omits Fossil Fuel Phaseout
“[T]his obsequious draft reads as if OPEC dictated it word for word,” the former vice president wrote.
Report: Just 10 Senators Own Up to $1.2 Million in Individual Big Oil Stocks
The top Republican on the Environment and Public Works Committee owns stock in Exxon, Chevron and Shell.
Report: Saudi Arabia Plans to Get African Countries “Hooked” on Fossil Fuels
“The Saudi government is like a drug dealer trying to get Africa hooked on its harmful product,” an expert said.