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Fighting climate change. Increasing fossil fuel extraction. Pick one.

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By Lauren Pagel

February 13, 2013

While Earthworks applauds President Obama for declaring climate change a priority in his second term, we were disappointed by his open-armed embrace of fossil fuel extraction. We are dismayed by his unwillingness to recognize the conflict between the two goals.

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Tagged with: fracking, climate change, obama, fossil fuels, sotu


Senate Defeats Bill to Close Taxpayer Subsidies for Big Oil Companies

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By Lauren Pagel

March 29, 2012

The Senate voted 51-47 today to defeat S. 2204, the Close Big Oil Loopholes Act sponsored by Senator Menendez of New Jersey.  The bill would have closed five major loopholes enjoyed by the five largest oil companies including BP, Chevron, ConocoPhillips, ExxonMobil, and Royal Dutch Shell.  All told, the bill would have saved taxpayers $24 billion over ten years divided roughly half between deficit reduction and clean energy programs.

 

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Tagged with: subsidies, taxes, oil companies, us senate


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