If a climate test were to be applied to this bill, there’s little doubt it would fail.
Keystone XL got rejected, the oil industry is sad, and they want you to make it up to them – to the tune of over $15 billion (yes, that’s billion, with a “b”). Late Wednesday, TransCanada, the company behind the Keystone XL pipeline, kicked off two legal challenges: one is a federal lawsuit claiming that...
Continue reading 'TransCanada Sues U.S. Taxpayers, Scores Oil Industry Own Goal'.
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Eliminating the crude export ban would not only hurt the many communities facing dangerous oil extraction in their backyards but also our climate, as the industry digs up unburnable oil at an even faster clip. The only beneficiaries of gutting this law are the Big Oil Executives seeking to pad their profits.
The post Statement on House Subcommittee Vote on Crude Export Ban appeared first on Oil Change International.
Subsidies, the other Dirty Money
What does the fossil fuel industry get for all its campaign contributions? Subsidies. Our government provides at least $10 billion annually in tax breaks, giveaways, loans, price controls, and other ways to support the fossil fuel industry.