This post originally appeared on Oxfam America’s Politics of Poverty blog. By Daniel Mulé For decades, the fossil fuel industry has enjoyed outlandish subsidies from taxpayers. Congress and the administration finally have the opportunity to stop the handouts, and address climate change, corporate power, and racial justice. Piling on to Big Oil’s very bad week, the Biden administration took steps today…
The following post originally appeared on pogo.org Testimony of Tim Stretton, Policy Analyst Project on Government Oversight before the House Natural Resources Committee, Subcommittee on Oversight and Investigations Chair Porter, Ranking Member Gosar, and members of the Subcommittee, thank you for the opportunity to testify today regarding the role extractive industries play in our nation’s economy, and the role the…
The following is a statement by Kathleen Brophy, Director of Publish What You Pay–United States “PWYP-US welcomes the Biden Administration’s long-awaited executive order on climate-related financial risk and commends the President for this important step in addressing the long standing vulnerabilities in the domestic economy and financial system posed by climate-related financial risk. I am especially pleased by the directives…
This post originally appeared on thelugarcenter.org By Jay Branegan The European Union recently released its latest review of the EU version of the Cardin-Lugar legislation that requires oil, gas and mining companies to report their payments to governments. The bottom line: the reporting requirements, which have been in place now for five years, have imposed no competitive harm on the…