fossil fuel subsidies
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Peabody Energy: cheating workers and taxpayers to destroy our climate
Peabody held its annual shareholders meeting in Gillette, Wyoming on Monday, hoping to avoid more of the massive protests the coal company has faced at its headquarters in St. Louis. Indeed, while Peabody executives tried to put a positive spin on the company’s outlook for shareholders in Wyoming, thousands of union mine workers converged in […]
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The Energy Game is Rigged: Fossil Fuel Subsidies Topped $620 Billion in 2011
By Emily E. Adams The energy game is rigged in favor of fossil fuels because we omit the environmental and health costs of burning coal, oil, and natural gas from their prices. Subsidies manipulate the game even further. According to conservative estimates from the Global Subsidies Initiative and the International Energy Agency (IEA), governments around […]
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Coal companies’ scheme to dodge royalty payments draws federal investigation
One of the many subsidies that coal mining companies like Arch and Peabody enjoy is coming under increased scrutiny from federal regulators. The Department of Interior (DOI) announced that an investigation has been launched to determine if coal companies are using sister companies to reduce the royalties they owe when exporting taxpayer-owned coal to foreign markets. The […]
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Time for an oil change: Americans strongly oppose fossil fuel subsidies
A Yale poll found that Americans are overwhelmingly opposed to oil, coal, and gas subsidies.
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Just how big are subsidies to fossil-fuel companies? Help us find out
The Institute for Policy Integrity is using crowdsourcing to find out exactly how much companies like Shell and ExxonMobil receive in subsidies and tax breaks.
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The myth of the free market
The oil, gas, and nuclear industries have enjoyed huge federal subsidies for a century, all of which have far outpaced investment in renewable energy.
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How to get cleaner cars and use less foreign oil
This post was coauthored by Sierra Club Chairman Carl Pope and League of Conservation Voters President Gene Karpinski. It was cross-posted from the Center for American Progress. America is suffering from another oil price shock less than three years after prices hit a record of $147 per barrel in July 2008. Over the past month, […]
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Fred Upton’s EPA-blocking bill will put more of your money in oil industry pockets
Rep. Upton wants to raise your gas bill.Photo: Mike SchmidCross-posted from the Natural Resources Defense Council. Some politicians will say anything to gain from the pain Americans are feeling at the pump. Anyone watching the news knows that pump prices are rising because world-wide demand is recovering after the recession, oil traders are speculating over […]
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Maybe selling off government-owned fossil-fuel infrastructure isn’t such a bad idea
Might a little bit of the free market be just what we need to get Americans paying something closer to the true cost of driving?Photo: Marius WatzEveryone knows about Wisconsin Gov. Scott Walker’s unhinged attack on his state’s unions, but did you know that he’s also pushing for the right to “sell any state-owned heating, […]