Reports from other organizations on fossil fuel industry bailouts and related topics. Opinions expressed in these publications are those of the authors and BailoutWatch has not independently confirmed their findings.
Over the next five years, the PRAC plans to serve the American public by promoting transparency and the coordinated oversight of the Federal Government’s coronavirus response to prevent and detect fraud, waste, abuse, and mismanagement.
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.
The congressional watchdog recommends that the SBA do more to ensure the Paycheck Protection Program's integrity and effectiveness, and address potential fraud.
Fossil fuels are the weakest part of the economy. The Fed’s early bailouts support them anyway.
Stranded assets have always been a ticking time bomb for the fossil fuel industry. Now, due to the coronavirus pandemic, the huge bill to abandon oilfields is coming decades early.
Congress’ oversight body reviews responses to its questions from Treasury and the Fed.
Fossil fuel lending, including from central banks, can be redirected towards clean energy, and public finance and ownership can bankroll the infrastructure for delivering a clean energy transition and growing jobs.
Climate change poses a systemic threat to the stability and competitiveness of U.S. financial markets, and financial regulators have the responsibility and the authority to better protect against that threat.
Even if the entire relief program were to go to fossil fuels, it wouldn't fix the sector’s fundamental economic problems.
Some Members of Congress have asked DOI to expand royalty relief for oil and gas producers during the pandemic. What programs already exist, and what are the arguments for and against expansion?
