Browsing the "Energy Subsidies" Tag

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With dirty energy sector crashing, nearly 70 groups urge Fed to stop buying up wasteful fossil fuel industry debt

A coalition of nearly 70 advocacy organizations is demanding that the Federal Reserve immediately stop using its emergency Covid-19 lending facilities to buy up fossil fuel debt, warning that rescuing the faltering oil and gas industry is both a bad investment of public money and disastrous for the climate. By Jake Johnson Common Dreams The Federal Reserve Board’s “decision […]

August 3rd