Oil And Gas Industry To Get $40 Billion In New Subsidies From Republicans Because They Love The Free Market So Much

Go @hynotnw.bsky.social! The grassroots group are campaigning against the UK's dangerous, unproven, and expensive carbon capture and blue hydrogen plans. They describe it as "fossil fuel light" - comparable to the tobacco industry’s promotion of low-tar cigarettes. inews.co.uk/news/ellesme...

With @emdashsanders.bsky.social at ExxonKnews: Exxon is pushing through a CO2 pipeline in Cancer Alley that will run as close as 160 yards from the nearest home.

Invaluable to have a number to put on this abject squandering of public resources, courtesy of @oilchange.bsky.social: "fossil fuel companies, which spend millions every year to rig our political system in their favor, receive a 30,000% return on investment as subsidies."

When the world's biggest insurer says climate change has pushed traditional home insurance to its limits, it's already too late to start preparing. And we are in no way ready for a post-insurance world. Gift link to my column for @opinion.bloomberg.com www.bloomberg.com/opinion/arti...

1️⃣ Congratulations to @oilchange.bsky.social, and particularly @collinrees.bsky.social, for its new study on U.S. federal subsidies for fossil fuel production, which they estimate at $34.8 billion ($4 bln of which were added by Congress this year). This is who people should be citing, not the IMF.

Is this where we want our tax money going? The fossil fuel industry is set to receive $34.8 billion in handouts every year – over $4 billion of which were added by Trump and Republicans this year. @oilchange.bsky.social

NEW REPORT: Each year, as working families struggle, the federal gov’t subsidizes the fossil fuel industry to the tune of $35 BILLION. Ridiculous. We need to invest in our communities, not give handouts to the Big Oil Billionaires destroying our planet. oilchange.org/publications...

Welfare for an industry that makes hundreds of billions in profits and ravages the climate is civilizational self-harm. End it now. Gift link to my @opinion.bloomberg.com column about the new study from @collinrees.bsky.social & @oilchange.bsky.social www.bloomberg.com/opinion/arti...

Important research highlighting real fraud, waste, and abuse in our federal government.

New from @collinrees.bsky.social and @oilchange.bsky.social : The US government gives the profitable, polluting fossil-fuel industry *at least* $34.8 billion in subsidies every year. Think how much housing, health care and/or cheap, clean energy that money could buy oilchange.org/publications...

I don’t give a shit if JD Vance doesn’t give a shit about the Constitution. Striking civilian boats in international waters is both unconstitutional and a war crime. The party of “law and order” clearly doesn’t care about respecting it.

Talk about propping up a dying industry. They're killing off solar and wind power projects. While giving handouts to Big Oil & Gas. 1/10 - Would not recommend this federal government configuration.

🚨🚨🚨 Our *new research* finds that the U.S. federal government gives the fossil fuel industry a whopping $35 BILLION of handouts every single year, even as working families struggle with the rising cost of housing, groceries, and utilities. oilchange.org/paying-for-c...

Big Oil spent nearly half a BILLION dollars in last year’s election cycle. Now, they’re coming to collect — and they’re getting a big return on investment. Watch. youtu.be/aDQXiNlM5iM?...

We can’t trust fossil fuel megacorporations to voluntarily reduce their climate pollution. A liveable climate + safe and healthy communities require a just transition away from fossil fuels. Read more in the new blog from our Research Director, @lornestockman.bsky.social: bit.ly/47YXaVt

Since 2017, the Int'l Energy Agency has told the world the fossil fuel industry can reduce its emissions of toxic, planet-warming methane at little to no cost to itself. But industry keeps failing to clean up its act. Methane emissions are still rising in lockstep with production. bit.ly/47YXaVt

wondering who to support in the #CAGov race? The No Fossil Fuel Money pledge has 4 candidates who've signed. 3 and a half who haven't, including one notorious pledge breaker.

Scenes from a rally happening right now in Camarillo, home of that devastating ICE raid last month. ICE out of 805!

any new investments in LNG lock us into years more of FF use to recoup those capital costs. Can’t do that and also think we’ll have a livable planet.

I always read what @collinrees.bsky.social tells me to read 👇🏽

Instead of giving into Trump’s pressure to import + finance more LNG, leaders must invest in a just transition to renewable energy that will protect our communities from deadly pollution and climate disasters. Learn more: www.greenpeace.org/usa/failing-...

The report uses a new, sophisticated model from the US Dept. of Energy to analyze the climate impacts of 5 planned LNG export projects. We found that every one would fail the “climate test,” worsening the climate crisis, in addition to poisoning nearby communities’ air + water.

This is a pressing issue, because Trump is demanding the EU, Japan, and others increase imports of US LNG or get slapped with harsh tariffs. This report offers even more evidence that doing so would be disastrous for our climate.

Our NEW report with @greenpeaceusa.bsky.social + @earthworks.bsky.social finds that further investments in exports of liquefied natural gas (LNG) are incompatible with a liveable climate. Learn more: www.greenpeace.org/usa/failing-the-climate-test/

Not in line with climate goals ❌ 5 major US fossil gas export projects are so polluting they fail the “Climate Test” based on the US Department of Energy’s 2024 models. Read the new report out today by @greenpeaceusa.bsky.social, @earthworks.bsky.social & @oilchange.bsky.social 👇

NEW: We use the US gov's own analytical tools to show that LNG expansion is set to drive up global GHG emissions by displacing renewable energy and increasing fossil fuel consumption in importing markets (1/2) @greenpeaceusa.bsky.social @oilchange.bsky.social @earthworks.bsky.social

An honor to stand with leaders and members of @uftnyc.bsky.social this morning to accept their endorsement for Mayor of New York City.

🚨 BREAKING: The Senate just passed the Republican reconciliation bill, perhaps the most environmentally harmful legislation in U.S. history and largest-ever transfer of wealth from working-class people to the wealthy. oilchange.org/news/senate-...

he's right and he's right to say it

crush your enemies, see them driven before you, and hear the lamentations of their consultants

It’s crucial to realize that AI + a technofuturist hellscape are not inevitable. “They’re not! @zohrankmamdani.bsky.social’s campaign is proof we can build a better future together, not just be subject to the whims of billionaire fascists.” – @jmijin.bsky.social on her new book on just transitions

In the words of Nelson Mandela: it always seems impossible until it’s done. My friends, it is done. And you are the ones who did it. I am honored to be your Democratic nominee for the Mayor of New York City.

🚨 New data 🚨 ⚠️”Blended finance” plans by rich gov’ts & international institutions that rely heavily on private finance for #JustTransition are attracting 4-7 times LESS investment than promised. More in report: oilchange.org/publications...

@shereentt.bsky.social: "Climate finance MUST not deepen inequality!" Real climate action 🟰 Climate finance in public grants, NOT more debt-creating loans ✅We can pay for a #justtransition by: 1️⃣Making polluters pay 2️⃣Taxing the rich 3️⃣ Defunding war More in NEW report: oilchange.org/publications...

1/ In the 📰: @climatechangenews.com highlights our new analysis on the failure of weak private finance incentives to pay for the #JustTransition away from fossil fuels Full article ➡️ www.climatechangenews.com/2025/06/24/b...

There are lots of seeds to build on: ⚖️Global South gov'ts, pushed by people power, are starting to win fairer tax & debt rules 🔁 Clear examples showing RE is the best path to econ security & detangle from USD 💸 👷‍♀️Unions from 🇨🇴 to 🇹🇹 to 🇬🇧 are fighting for bold transition plans #PayUp #FfD4People

Wind is now very cheap! So is solar and (some) EVs. But assuming this is enough to spur an energy transition is a grave misunderstanding of how we got here 🥵 in the 1st place: MASSIVE, ONGOING government subsidies & regulations written by and for fossil fuel companies oilchange.org/publications...

At NY climate week in 2022, a sr person working in philanthropy said to me "we need to figure out how to get the climate movement to push JPMorganChase to finance more windmills." It's been haunting me ever since, so we wrote a report & it's in @financialtimes.com c/o @alanbeattie.bsky.social🧵

“Private capital will never deliver a just transition away from fossil fuels. The public sector MUST be involved. “Capital is incapable of a managed transition + there is no profit motive in justice.” @jmijin.bsky.social on the need for public ownership as a key component of fossil fuel phaseout.

“When analyzing a transition plan, we must ask: “Is it really a transition? Does it have a plan to phase out fossil fuels? If not, then it’s not a transition, let alone a just one.” @jmijin.bsky.social at amazing @cplusc.bsky.social book talk at @cornellilr.bsky.social’s Climate Jobs Institute.

This is the first election since the “county line” system was abolished, an unfair system that benefited party bosses. Even as the political machine poured more than half a million into the race, voters rejected establishment politics to support progressives who'll fight for climate and resist Trump

Both @ravibhalla.bsky.social and @katiebrennan.bsky.social will advocate for legislation to make fossil fuel industries pay for the climate destruction they have caused. Ravi and Katie are committed to advocating for public transit and climate action.

Downballot races like this often come down to a few votes, despite their important climate stakes. That’s why our work can make such a big impact.

This race came down to less than a hundred votes. Our organizing efforts were critical. Together, we made nearly 40,000 calls and talked to hundreds of undecided voters in the past few weeks.

BIG NEWS! Climate champions @katiebrennan.bsky.social and @ravibhalla.bsky.social won their primaries against one of the most entrenched political machines in the state. ⬇️

As a climate movement, we must resist the Trump admin's efforts to scapegoat + criminalize migrants and anyone who resists his agenda. We support the brave Angelenos standing up against ICE's kidnapping of their friends + neighbors, and we condemn Trump's use of force against them. bit.ly/43TSblm

Peaceful protest is the bedrock of our movement. Thousands demonstrated exactly that – coming together to demand the release of David Huerta and to call for an end to the cruel, destructive, and indiscriminate ICE raids that are tearing apart our communities. #FreeDavidEndRaids

Feeling the need to take tangible climate action asap? Join @billmckibben.bsky.social & us to phonebank for 2 incredible climate champs: @ravibhalla.bsky.social & @katiebrennan.bsky.social. Mon 6/9 @ 5:30 pm ET, we'll make calls to reach voters before Election Day. www.mobilize.us/leadlocally/...

Why hasn’t @cagovernornewsom.bsky.social said a word? We can’t fight Trump-era oil expansion with silence. We need climate leadership — not quiet complicity. @lastchancealliance.bsky.social #DontEnableSable #NoPollutingPipelines #ProtectOurCoast