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The fossil fuel industry is getting a massive bailout. Now's the time to pay attention.

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Filed Under: The Fed

News, analysis, and data about the bailout.

Browse Other Topics:

U.S. Capitol building through metal gates

Jul 20, 2020 Report

Congressional Oversight Commission: Third Report

In its third report, the Commission describes recent key actions the Treasury and the Federal Reserve have taken under the CARES Act.

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Blackjewel miner Kentucky

Jul 23, 2020 News Roundups

Republicans divided over next stimulus, PPP saved jobs, and more

Daily news headlines about the stimulus and recovery from July 22, 2020.

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Hancock Whitney, a regional bank with six branches in Houston, recently said it will sell $497 million in energy loans to Los Angeles-based Oaktree Capital Management in a deal that the bank said will “significantly de-risk our balance sheet.”

Jul 22, 2020 News Roundups

Fossil fuels in crisis, new stimulus package debate, and more

Daily news headlines about the stimulus and recovery from July 22, 2020.

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Federal Reserve Chairman Jerome Powell

Jul 20, 2020 News Roundups

MSLP begins, special interests want a piece of the bailout, and more

Daily news headlines about the stimulus and recovery from July 20, 2020.

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Ceres: Addressing Climate as a Systemic Risk

Jun 01, 2020 Report

Ceres: Addressing Climate as a Systemic Risk

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.

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Gray industrial machine during golden hour

Apr 29, 2020 Guest Blog

Through Its Debt Buyout Programs, The Fed Could Rescue Fossil Fuel Firms That Were Already In a Tailspin

The problems with the fossil fuel industry go well beyond the sudden lack of demand brought on by the coronavirus. But the Fed is still contemplating the unpopular move of shoring it up.

Read more

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BailoutWatch – Tracking government support for the fossil fuel industry.

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