News & Analysis
News and analysis from BailoutWatch on fossil fuel industry bailouts and related topics.
Big Oil Fuels Opposition to Former Bush Financial Regulator Saule Omarova
Attacks on a key Biden administration appointee to regulate big banks are being funded and promoted by oil and gas interests, a sign of the job’s potential to limit risky lending to fossil fuels.
Powerless in the Pandemic: After Bailouts, Electric Utilities Chose Profits Over People
Electric Utilities Took $1.25 Billion in Pandemic Bailouts While Shutting Off Power to Households Nearly 1 Million Times, according to new research from BailoutWatch and the Center for Biological Diversity
New Report reveals Big Oil’s $86B offshore tax bonanza
New research by BailoutWatch, Friends of the Earth, and Oxfam reveals a trove of international tax subsidies that exclusively benefit a handful of multinational polluters
End of Fed bond-buying leaves fossil fuels stronger, masking their threat to financial system
The Federal Reserve has finished selling bonds purchased in a historic rescue that propped up the fossil fuel industry, presaging future bailouts
GOP firebrand boosted fossil fuels without admitting her husband made nearly $1m from a driller
Rep. Lauren Boebert, one of Oil & Gas’ biggest defenders, was supposed to disclose her family’s income sources before the election. Instead, she waited and got named to the House Natural Resources Committee
6 Bailed-Out Polluters Already Spent $15M This Year Lobbying For Subsidies And Against Climate Action
The biggest spenders in fossil fuel lobbying went hard to protect tax breaks, limit disclosure of their climate impacts, and fight methane regulation
Fed Chair Powell's Policies Fuel Fossil Borrowing Binge
Oil and gas companies continued to issue new debt at a breakneck pace — even months after the Federal Reserve wound down pandemic programs designed to rev up bond markets, new data show
Seeking answers about fossil fuels’ bailouts, lawmakers instead learn the philosophy of ‘life-giving and persecuted’ oil and gas
Fossil fuel CEOs refused to take lawmakers’ questions about how they spent their bailout billions. Instead, a philosopher called for the ‘liberation’ of coal, oil, and gas
Pay gap widened between oil CEOs and their workers last year, even after bailouts and layoffs
The fossil fuel industry defends its jobs record. But we found a dozen top oil and gas companies paying top executives more than 100 times the median worker’s salary while laying people off — even after collecting billions in public aid.