Filed Under: Subsidies
News, analysis, and data about the bailout.
Analysis
What fossil fuels really did with their bailouts
Our three-part analysis of 2020 annual reports and proxies found that oil, gas and coal companies received billions in bailout benefits, then paid off their shareholders and executives while laying off workers.
Report
Yale: The producer benefits of implicit fossil fuel subsidies in the United States
A new paper published by the National Academy of Sciences finds that fossil fuels experience a direct benefit of $62 billion per year from indirect fossil fuel subsidies in the United States.
Report
Evergreen Collaborative: Stop Investing in Pollution
Evergreen policy experts lay out an agenda for President Biden to fulfill his campaign pledge of ending fossil fuel subsidies.
News Roundups
The oil industry is flailing, PPP loan recipients' data reveals troubling patterns, and more
Weekly news headlines about the stimulus and recovery from Dec 4, 2020.
Report
Oil Change International: Dirty Energy Dominance
Fossil fuels are subsidized by the U.S. federal and state governments, and removing these highly inefficient subsidies should be the first priority of fiscally responsible climate, energy, and tax reform policies.
Guest Blog
Summarizing the End Polluter Welfare Act
Although the Act is unlikely to become law, it draws attention to the sheer volume of tax breaks and subsidies the industry now enjoys at the expense of the public and provides a roadmap that could be taken up in a more favorable political climate.
Analysis
A Hundred Years of Bailouts
Coronavirus lifts the curtain on Big Oil’s other big lie: that it can succeed in the “free market.”