Discover and read the best of Twitter Threads about #NoBigOilBailout
Most recents (4)
Mnuchin & Trump could announce a plan to bailout Big Oil as early as tomorrow.
In our latest press release, we list 8 reasons why that’s a no good, terrible, messed up idea.
🧵
stopthemoneypipeline.com/mnuchin-big-oi…
#StopTheMoneyPipeline
#NoBigOilBailout
In our latest press release, we list 8 reasons why that’s a no good, terrible, messed up idea.
🧵
stopthemoneypipeline.com/mnuchin-big-oi…
#StopTheMoneyPipeline
#NoBigOilBailout
#1: The Trump Administration still hasn’t delivered for American families:
Nearly 25 million Americans are out of work. The administration needs to spend more time helping people and less time prioritizing the needs of oil company CEOs.
Nearly 25 million Americans are out of work. The administration needs to spend more time helping people and less time prioritizing the needs of oil company CEOs.
#2. Oil companies are in a crisis of their own making:
Oil and gas companies entered the coronavirus crisis over leveraged and saddled with massive debts. The industry’s profitability and share of the economy had already tanked. They got themselves into this mess.
Oil and gas companies entered the coronavirus crisis over leveraged and saddled with massive debts. The industry’s profitability and share of the economy had already tanked. They got themselves into this mess.
Mnuchin and Trump could announce a plan to bailout Big Oil as early as tomorrow.
In this latest press release from Stop the Money Pipeline (@StopMoneyPipe) we list 8 reasons why that’s a no good, terrible, messed up idea.
Thread —> stopthemoneypipeline.com/mnuchin-big-oi…
In this latest press release from Stop the Money Pipeline (@StopMoneyPipe) we list 8 reasons why that’s a no good, terrible, messed up idea.
Thread —> stopthemoneypipeline.com/mnuchin-big-oi…
1. The Trump Administration still hasn’t delivered for American families:
Nearly 25 million Americans are out of work. The administration needs to spend more time helping people and less time prioritizing the needs of oil company CEOs.
Nearly 25 million Americans are out of work. The administration needs to spend more time helping people and less time prioritizing the needs of oil company CEOs.
2. Oil companies are in a crisis of their own making:
Oil and gas companies entered the coronavirus crisis over leveraged and saddled with massive debts. The industry’s profitability and share of the economy had already tanked. They got themselves into this mess.
Oil and gas companies entered the coronavirus crisis over leveraged and saddled with massive debts. The industry’s profitability and share of the economy had already tanked. They got themselves into this mess.
Quick thread / rant on @IEA's April Oil Market Report, which uses language that normalizes disastrous #climate outcomes ... like a future in which the oil industry remains "central to the functioning of the global economy."🤦🏼♀️
@PriceofOil statement here: priceofoil.org/2020/04/15/sta…
@PriceofOil statement here: priceofoil.org/2020/04/15/sta…
As @IEABirol says, countries should put clean energy at the ♥️ of economic recovery packages.
But how does that square with the IEA's message today that governments should "help bring the oil industry back from the brink"?
A: It doesn't.
priceofoil.org/2020/03/26/put…
But how does that square with the IEA's message today that governments should "help bring the oil industry back from the brink"?
A: It doesn't.
priceofoil.org/2020/03/26/put…
The IEA talks today about the "challenges of investing to ... meet future growth" in oil, while failing to mention that that is NOT compatible with tackling the #climate crisis.
Limiting warming to 1.5C requires a managed phase-out of all fossil fuels:
Limiting warming to 1.5C requires a managed phase-out of all fossil fuels:
In honor of the Oil CEOs who are going to the White House to beg Trump for corporate bailouts, here's a running list of terrible things the fossil fuel industry has been doing during the #COVID19Pandemic
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The National Mining Association is lobbying to get out of paying into the Black Lung Disability Trust Fund that provides healthcare for 20,000 sick coal miners.
nationofchange.org/2020/03/21/coa…
nationofchange.org/2020/03/21/coa…
Senate Republicans are proposing that oil and gas companies no longer have to make royalty payments (even though you still have to pay your rent). priceofoil.org/content/upload…
