Fossil fuel companies getting more U.S. bailouts than any other sector
The oil and gas industry is in trouble. And investors are going to lose billions if not trillions in the process.
Our latest posts on fossil fuel industry bailouts.
The oil and gas industry is in trouble. And investors are going to lose billions if not trillions in the process.
A review of fossil fuel companies' credit scores shows that taxpayers could lose big if failing companies benefit from Federal Reserve rescue programs.
The Covid19 crisis could forever alter the energy landscape and lead to a wave of bankruptcies that accelerate the arrival of peak fossil fuels.
Join us as we track recovery and stimulus efforts to divert taxpayer money to unprofitable, polluting fossil fuel companies.
The problems with the fossil fuel industry go well beyond the sudden lack of demand brought on by the coronavirus. But the Fed is still contemplating the unpopular move of shoring it up.