Truthout
Fossil Fuel Industry
Study Warns Many Fossil Fuel Sites Must Be Shut Down to Avert Climate Disaster
The study estimates that 40 percent of global fossil fuel reserves must be left in the ground.
Boris Johnson Rejects Windfall Tax on Massive BP Profits as Gas Prices Soar
Johnson claims the profits go to investment, but 60 percent has been going to share buybacks.
Indigenous Communities Worldwide Are Rising Up Against Big Coal and Big Oil
A Diné filmmaker discusses how fossil fuel companies are devastating Indigenous lands — and how people are resisting.
Manchin Visits Alberta as Canada Ramps Up US Lobbying Amid Energy Crisis
Manchin has pushed for increasing Canadian oil and gas exports.
IPCC Report’s Analysis of Fossil Fuel Industry Excluded From Policymakers’ Brief
The role of industry was removed from the climate report's initial release, which attracts the most media attention.
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.