A new analysis finds that six major multilateral development banks provided over $7 billion in public financing for fossil fuels in 2015, and over $83 billion in financing for fossil fuels from 2008 to 2015, despite public claims of the urgent need for action on climate.
Day: May 24, 2017
3 Key Questions Trump’s Fossil-Friendly FERC Nominees Must Answer
Tomorrow morning, the Senate Committee on Energy and Natural Resources is set to grill Trump’s two nominees to the Federal Energy Regulatory Commission (FERC), the primary federal agency that oversees the permitting of interstate gas pipelines.
As Others Plot the Renewables Revolution, Trump Walks Backwards to Drill Arctic National Wildlife Refuge
As energy pioneers disrupt that market towards clean tech, Trump and his fossil fuel buddies cling to a by-gone age of fossil fuels. But we must not let them destroy America’s “crown jewels” in what could be one of the last destructive acts of the hydrocarbon age
RELEASE: Taxpayers on the hook for billions in subsidies for fossil fuels on public lands
The U.S. government is providing extensive support for fossil fuel production on public lands and waters offshore, through a combination of direct subsidies, enforcement loopholes, lax royalty collection, stagnant lease rates, and other advantages to the industry, a new report released today finds.
Unequal Exchange: How Taxpayers Shoulder the Burden of Fossil Fuel Development on Federal Lands
A new report examines the extensive support for fossil fuel production on public lands and waters, provided by the U.S. government to the fossil fuel industry through a combination of direct subsidies, enforcement loopholes, lax royalty collection, and stagnant lease rates.