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Analysis: Fossil Fuel Tax Programs to Cut Emissions Lead to Lots of Industry Profit, Little Climate Action

DeSmogBlog

Read time: 12 mins The fossil fuel industry and its investors have financially benefited from tax policies and subsidies designed to reduce the emissions from oil, gas, and coal — sometimes without taking the action required to tackle climate change.

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For Decades, the Oil and Gas Industry Got Taxpayer Help from the Fracking Production Tax Credit

DeSmogBlog

fracking boom took off, shale drillers had access for over two decades to a particular tax incentive that experts say played a key role in setting the stage for the so-called shale revolution. Tags: production tax credit Independent Petroleum Association of America Breakthrough Institute Read time: 6 mins Before the U.S.

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Anti-pollution Advocates Cheer as Army Corps Reviews Formosa Plastics Permit in Louisiana

DeSmogBlog

James Parish, near largely Black and poor communities, is on pause, and Louisiana voters rejected an amendment that could have let petrochemical companies off the hook for paying property taxes in the state forever. . Tags: Formosa RISE St. James Parish Louisiana U.S. Army Corps of Engineers plastics

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Delayed Senate Energy Bill Promotes LNG Exports, 'Clean Coal' and Geoengineering

DeSmogBlog

Read time: 7 mins The huge bipartisan energy bill currently stalled in the Senate would fast-track exports of fracked gas , offer over a billion dollars in subsidies to “clean coal” efforts and make available hundreds of millions in tax dollars for a geoengineering pilot project.

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Fees on Electric Cars, Inspired by Koch Network, Are Unfairly Penalizing Drivers, Says Consumer Reports

DeSmogBlog

Legislators in 26 states have enacted or proposed special registration fees for electric vehicles ( EV s) that the consumer advocacy group found to be more expensive than the gas taxes paid by the driver of an average new gasoline vehicle.

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A Look at the Oil Industry’s Favorite Climate Solutions

DeSmogBlog

Tags: carbon capture natural gas carbon tax biofuels ExxonMobil (NYSE: XOM) Imperial Oil Covering Climate Now Another popular strategy for the industry is to push certain climate “solutions” — often with slick advertising campaigns — that sound good in theory but are not viable in practice.

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Polling Experts Bash Koch-Funded Electric Car Survey as 'Highly Biased' and 'Highly Misleading'

DeSmogBlog

Read time: 9 mins Fossil fuel interests appear intent on swaying public opinion about the electric vehicle tax credit, based on recent polling on the policy. Tags: kochvsclean EV tax credit IER American Energy Alliance tom pyle Mike McKenna