Filed Under: Subsidies
News, analysis, and data about the bailout.
Pay gap widened between oil CEOs and their workers last year, even after bailouts and layoffs
The fossil fuel industry defends its jobs record. But we found a dozen top oil and gas companies paying top executives more than 100 times the median worker’s salary while laying people off — even after collecting billions in public aid.
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.
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.
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.
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.
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.
A Hundred Years of Bailouts
Coronavirus lifts the curtain on Big Oil’s other big lie: that it can succeed in the “free market.”