The Latest

All of the most recent updates on fossil fuel industry bailouts.

For many countries, including China, coal is central to post-coronavirus economic recovery plans.

News

The world after COVID, oil and gas bankruptcies, and more

Jul 10, 2020

Daily news headlines about the stimulus and recovery from July 10, 2020.

Jul 09, 2020 Analysis

Fossil fuel firms tended to get more, do less in 'small-business' bailout

Fossil fuel companies are getting bigger loans than others and reported saving fewer jobs, a BailoutWatch analysis of the Small Business Administration's Paycheck Protection Program found.

A Gate Gourmet loading vehicle at the airport in Duesseldorf, Germany, in 2008.

Jul 09, 2020 News

Airlines find bailout loophole, big banks aren't embracing Fed program, and other news

Daily news headlines about the stimulus and recovery from July 9, 2020.

Irving, Texas-based M Crowd Restaurant Group, which owns 27 Texas restaurants including the Mi Cocina chain, was approved for between $5 million and $10 million. Ray Washburne, one of the company’s founders, was vice chairman of the Trump Victory Committee in 2016 and donated $100,000 to the PAC last August.

Jul 08, 2020 News

Trump companies received PPP loans, Fed worries about plateauing growth, and other news

Daily news headlines about the stimulus and recovery from July 8, 2020.

A pump jack operated by Somont Oil. The company received a taxpayer bailout after allegedly ripping off the government.

Jul 07, 2020 Analysis

Polluters, firms that ripped off the government got 'small-business' bailouts

Dozens of bailed-out fossil fuel companies were charged with violating pollution and safety rules. At least seven ripped off the government on drilling fees.

Jul 07, 2020 News

Fossil fuel companies take at least $3bn in U.S. COVID-19 aid, House funding bill would boost clean energy, and other news from around the web

Daily news headlines about the stimulus and recovery from July 7, 2020.

Jul 06, 2020 News

Trump signs small business loan program extension, $2 trillion a year refining industry pain, and other news from around the web

Daily news headlines about the stimulus and recovery from July 6, 2020.

Most oil and gas investments are rated as risky, yet the government is buying in.

Jul 02, 2020 Guest Blog

Polluter bailouts are too risky for struggling taxpayers

A review of fossil fuel companies' credit scores shows that taxpayers could lose big if failing companies benefit from Federal Reserve rescue programs.

Jun 29, 2020 News

Fed's first bond buys include big oil, fracking pioneer files for bankruptcy, and other news from around the web

Daily news headlines about the stimulus and recovery from June 29, 2020.

Jun 26, 2020 Report

Poll: Strong voter preference for stimulus for clean energy, not fossil fuels

A new poll by Climate Nexus, the Yale Program on Climate Change Communication, and the George Mason University Center for Climate Change Communication finds voters would much prefer that lawmakers devote coronavirus relief efforts toward reducing greenhouse gas emissions and expanding clean energy, rather than providing aid to the fossil fuel industry.