Truthout
Fossil Fuel Industry
Sanders, Bush Unveil Bill to Use the Defense Production Act to Fund Clean Energy
The bill could help reframe the energy independence debate away from fossil fuels and toward renewable energies.
Bernie Sanders Wants WWII-Style Tax on 95 Percent of Corporate Windfall Profits
A new bill introduced by the Vermont senator targets large corporations as they profiteer from ongoing crises.
Fossil Fuel CEOs Have Seen Their Stocks Soar Nearly $100 Million Since January
Wall Street investors have been pressuring companies to keep shares high as consumers pay over $4 a gallon to fill up.
Democrats Unveil Bill to Tax Big Oil’s Profits and Send Checks to the Public
The bill comes as oil and gas companies are raking in profits and spending tens of billions on buybacks and dividends.
Warren Says Democrats Are Working on a Bill to Tax Big Oil’s Windfall Profits
The bill could discourage oil companies from jacking up gas prices to pad their profits.
Ocasio-Cortez Slams GOP Senator for Saying Gas Prices Were Lower Under Trump
Sen. Marsha Blackburn tweeted that gas was cheap in 2020, ignoring the fact that oil prices plunged due to the pandemic.
Greene Bought Oil, Defense Stocks While Complaining About War Profiteers
Greene bought up to $15,000 in Lockheed Martin stock – and then complained online that war is “incredibly profitable."
Sanders Urges Tax on Windfall Oil Profits as Companies Exploit Ukraine Crisis
Gas prices were already soaring before Putin’s invasion as Big Oil rakes in record profits.
Irreversible Impacts on the Climate Are Getting Locked In, IPCC Warns
Roughly half of the world’s population is living in areas of high vulnerability to the climate crisis.
Lobbying Firms Sever Partnerships on Russian Pipeline After Raking in Millions
Lobbyists are now distancing themselves from companies partnering on the Russian state-owned Nord Stream 2 pipeline.