Over 50% of the profits from recent oil supply shocks went to the top 1% of Americans. The bottom half received just 1%. The Iran war likely triggered another massive transfer to the very richest.
Janine Jackson
FAIR - Fairness & Accuracy in Reporting
It’s up to us to stand up to the fossil fuel industry, to political leaders who are obstructing progress, and understand what’s at stake now for people around the world, and for all of these precious ecosystems that are threatened by climate change.
New York Gov. Kathy Hochul and Democratic legislative leaders nix a landmark proposal that would have made Hochul’s fossil fuel donors pay for their pollution.
Squeals of “socialism!” aside, we know how to do this and have done it before, repeatedly. This time it’s not just about saving our banks or fighting a war: this time, it’s about saving the world…
Rather than actually reducing the overall greenhouse gas emissions associated with its lending, Chase, which is the world's largest funder of fossil fuels, has created a convoluted accounting trick known as "carbon intensity".
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