"Make no mistake; these profits mark a large transfer of wealth from working- and middle-class people to wealthy oil executives and shareholders," said Jordan Schreiber of Accountable.US.
As fossil fuel giants this week reported record profits for the second quarter, an analysis out Friday highlighted how eight oil companies have raked in nearly $52 billion over the past three months “while Americans continue to struggle at the pump.”
Thirty years ago, a bold plan was cooked up to spread doubt and persuade the public that climate change was not a problem. The little-known meeting - between some of America's biggest industrial players and a PR genius - forged a devastatingly successful strategy that endured for years, and the consequences of which are all around us.
Vancouverites were taken aback last week at the news that city council, in a divided vote, passed a motion by Green Party Coun. Adriane Carr to allocate up to $700,000 towards a class action lawsuit against fossil fuel companies.
This measure was instantly slammed as a performative stunt and window dressing for the enviro vote as we head into election season.
Environment minister floats extended timeline for sector, which accounts for 26 per cent of national emissions
Canada's environment minister says the federal government could give oil and gas companies extra time to fully meet 2030 emissions reduction targets.
"[We] recognize that some of the measures that will be needed to achieve those deep emission reductions might require more time than what we have between now and 2030," Steven Guilbeault said in an interview with CBC Radio's The House.
