The BailoutWatch team draws on publicly-available data, news reports, and new analysis to examine how oil, gas, coal, and related industries are being propped up by the government’s response to COVID-19 and the resulting recession.
Focusing on industry-friendly policies including public spending, subsidized loans, tax benefits, and rule rollbacks, BailoutWatch will inform a comprehensive view of how the government is supporting these companies.
BailoutWatch’s analyses of fossil fuel bailouts focus on companies whose primary businesses are extracting, distributing, processing, and selling oil, coal, and natural gas. Many also include companies that exist to support these firms and those that generate electricity using fossil fuels. More information about which companies are covered can be found in each analysis.
BailoutWatch is supported by Climate Nexus, an organization founded in 2011 to change the conversation on climate change and clean energy from an argument to a constructive search for solutions.
Climate Nexus is a sponsored project of Rockefeller Philanthropy Advisors, a 501(c)3 that helps individuals, trusts, foundations, and corporations achieve their philanthropic goals. RPA’s tax disclosures can be found here.
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