Filed Under: Fossil Fuel Finances
News, analysis, and data about the bailout.
Report
Rainforest Action Network: Banking on Climate Chaos 2021
In the five years since adoption of the Paris Agreement, 60 big banks have financed fossil fuels to the tune of $3.8 trillion.
News Roundups
House extends PPP, Texas regulator ousted, and more
Weekly news headlines about the stimulus and recovery from March 19, 2021.
News Roundups
Chevron revives Permian target, cleaning up abandoned wells, and more
Weekly news headlines about the stimulus and recovery.
Report
Urgewald: Financial Backers of Global Coal
A groundbreaking report finds that U.S. investors account for 58% of institutional investments in the global coal industry.
Analysis
Bailed-out, bankrupt oil firms pay millions in executive bonuses while laying off workers
Sen. Ted Cruz and other champions of fossil fuel bailouts said sending government funds to fossil fuels would protect workers. But the companies are giving executives bonuses, slashing jobs, and forcing investor losses in court.
News Roundups
COVID's drag on oil, pollution's death toll and more
Weekly news headlines about the stimulus and recovery.
News Roundups
Oil companies endure brutal 2020, pandemic watchdog probles Mnuchin & Cruz, and more
Weekly news headlines about the stimulus and recovery.
News Roundups
Fed's rescue helped wealthy most, Trump's ANWR flop a win for climate, and more
Weekly news headlines about the stimulus and recovery from Jan 15, 2021.
Report
IMF: Global Fossil Fuel Subsidies
A 2019 IMF report finds that globally, fossil fuels are subsidized at six percent of the world's GDP, and that the U.S. is the second largest subsidizer.