Fossil fuel companies are getting a big bailout. We’re keeping track.

BailoutWatch is a nonprofit, nonpartisan clearinghouse for news and analysis on federal stimulus and recovery efforts, and how energy companies are cashing in.

Latest On Bailout

Reports, news, and analysis on how the fossil fuel industry is using federal bailout money.

U.S. Capitol Building

Watchdogs To Ask Fed Why Fossil Fuel Industry Got To Design Its Own Bailouts

A Congressional watchdog panel will ask a Federal Reserve official and others who’s really calling the shots.

Federal Reserve Bank in Washington D.C.

Human-Rights And Environmental Groups: Fed Should Stop Bailing Out Fossil Fuels And Start Solving The Climate Crisis

A broad coalition of public leaders called on the Federal Reserve to stop buying fossil fuel bonds Thursday, arguing that the purchases imperil the climate and the broader financial system to support a failing industry.

offshore energy workers

Big Oil, Big Meat Get A Big Break In GOP Stimulus Proposal

The single biggest priority in the Republican-proposed HEALS Act would shield the biggest polluters from responsibility for protecting their workers. It's a gift they have wanted for a long time.

BailoutWatch Seeks Records On Fossil Fuel Bailouts

Following unprecedented interference by the Trump Administration to help fossil fuel companies access taxpayer bailouts, BailoutWatch has formally requested records about those events from the Treasury, the Energy Department, and the Federal Reserve.

U.S. Energy Secretary Dan Brouillette

News

Recent news stories from around the web.

Aug 07, 2020

Speed bump on Main Street, oil slips, and more

Daily stimulus and recovery news headlines from August 7, 2020.

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Aug 06, 2020

Huge bond issuance, still no COVID deal, and more

Daily news headines about the stimulus and recovery from August 6, 2020.

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Aug 05, 2020

BP slashes production, COVID relief fight and more

Daily news headlines about the stimulus and recovery from August 5, 2020.

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Aug 04, 2020

Big Oil, Big Meat get a big break in GOP stimulus proposal

The single biggest priority in the Republican-proposed HEALS Act would shield the biggest polluters from responsibility for protecting their workers. It's a gift they have wanted for a long time.

Read more

Bird flying over the ocean

Center For American Progress: The Fed’s Oil And Gas Bailout Is A Mistake

The Fed’s willingness to throw a lifeline to oil and gas companies, through its lending programs, exacerbates a risk to financial stability—climate change.