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Today, the Public Accountability Institute released a report that maps out how fossil fuel companies, utilities, and fossil-financiers help direct, sponsor, partner with, and fund police foundations.
Today, the Public Accountability Institute released a report that maps out how fossil fuel companies, utilities, and fossil-financiers help direct, sponsor, partner with, and fund police foundations.
Through this mapping, it shows how efforts to defund the police and reinvest in Black and Brown communities, and efforts to divest from fossil fuels and reinvest in environmental justice and a just transition, have a common foe in the fossil fuel industry.
Many companies that are polluting Black and Brown communities - or funding polluting operations - are the same companies helping to prop up and bankroll police foundations in those same communities.
As Little Sis writes,
Oil and gas companies, private utilities, and financial institutions that bankroll fossil fuels are all big backers of police foundations, which privately raise money to buy weapons, equipment, and surveillance technology for police departments, bypassing public police budgets. These corporate actors - from Chevron and Shell to Wells Fargo and JPMorgan Chase - can be found serving as directors and funders of police foundations nationwide. Furthermore, these companies sponsor events and galas that celebrate the police and remind the public that police power is backed up by corporate power.
On this report, Tamara Toles O'Laughlin, 350.org North America Director, issued the following statement:
"This report confirms what so many of us have known for decades: the police state exists to protect white supremacy with extraction as a primary tactic. Our work as a part of the movement for climate justice is to dismantle racist structures perpetuating continued harm to communities. From policing to financial violence, the road to tackling the climate crisis includes addressing connected predatory systems. As workers risk their lives to keep the economy afloat, the grift and greed of fossil fuel financiers continues. We support the demand to defund and divest from the police and fossil fuels, and to reinvest in the resilience of people and planet for a Just Recovery.
"This report revealing the ways that Wall Street and the fossil fuel industry support police foundations highlights how firms such as Blackrock and JP Morgan Chase routinely act to extract wealth, health and safety from Black, Brown and Indigenous communities. It's past time to defund the police and demand that Wall Street compensate Black, Brown, and Indigenous communities for the irreparable harm they have inflicted," said Maurice BP-Weeks, Co-Executive Director, Action Center on Race and the Economy
"The fossil fuel industry is a sinking ship hellbent on drowning the planet and taking humanity down with it. It will stop at nothing to keep black and brown afraid of mobilizing and it's no surprise they would partner with the same institution terrorizing our communities and Black Lives Matter protesters in the streets," said Lucas Sanchez, Deputy Director, New York Communities for Change.
"It's no surprise that the companies driving a climate crisis that disproportionately kills black and brown people are also major funders of racist police forces that disproportionately kill black and brown people," said Alec Connon, coalition coordinator with Stop the Money Pipeline. "If companies really value Black Lives they need to stop investing in institutions that destroy and terrorize black communities."
"As we have seen too many times, the fossil fuel industry relies on a militarized top-down police to keep the public from protesting their expansion plans; it's past time to move to a new future," said Bill McKibben, the co-founder of 350.org and Stop the Money Pipeline.
"This report sheds a harsh and needed light on the ways police violence and systemic racism intersect with the climate crisis. Rather than address growing public concerns with the dangers of pipelines and petrochemical plants, the fossil fuel industry has responded instead by seeking to criminalize protest, suppress dissent, and mislabel acts of free speech as acts of terrorism. The result is a rising tide of human rights abuses by militarized police forces against environmental and rights defenders. That oil and gas companies are actually funding the forces inflicting those harms is sadly unsurprising and absolutely unacceptable," said Carroll Muffett, President, Center for International Environmental Law.
"There is little public scrutiny when private donors pay to give police controversial technology and weapons. And it is with no surprises that the Public Accountability Initiative & LittleSis report shows how the same financial institutions like BlackRock that are financing the climate crisis and environmental racism in Black and Brown communities, are the same institutions that are backing the growing militarization of police forces that have beaten down black and brown communities with impunity for so long," said Mary Cerulli, co-founder Climate Finance Action.
"Big Surprise: Most of the same banks that fund fossil fuels, redline loans against people of color also fund private prisons for profit, like JPMorgan Chase, BOA and BlackRock," said Mary Kay Benson, 350 Butte County.
"The fossil fuel industry's ties to police foundations show a willingness to ignore the calls of racial justice advocates to dismantle the systemic racism of policing -- despite some oil and gas companies' hypocritical claims otherwise. Fossil fuel companies harm the racial justice movement in their operations, their public relations and their political funding. In reality, they are part of the system that upholds structural racism in the US," said Zorka Milin, senior advisor, Global Witness.
"The Earth and all people are sacred. Violence against black and brown communities is morally abhorrent. Violence against the earth is an offense against life. Extractive industries and the banks that finance them need to stop supporting racist authoritarianism and quit financing the planet's destruction," said Rev. Fletcher Harper, executive director of GreenFaith.
"Chevron has long treated Richmond like a community that can be bought and sold out, be it through our police or elected officials. This new report further outlines what we already know: fossil fuel companies bankroll the police as a bribe, to keep our communities polluted, over-policed and bound to the charity of companies like Chevron. To reinvest in Black and Brown communities and move toward a just transition from the Ecuadorian Amazon to Richmond, CA, we must hold these companies accountable for their ties to the destruction of our climate and the funding of the police," said Ada Recinos, Amazon Watch communications manager and Richmond, CA resident.
"It is no surprise that big banks and fossil fuel companies see it as in their interest to fund the police. They need to ensure that when they want to impose dangerous and polluting projects on Black, Indigenous and brown communities that the police will be there for them and willing and ready to repress community members who seek to protect their families, and their air, land and water," said Paddy McCully, Energy and Climate Program Director, Rainforest Action Network.
350 is building a future that's just, prosperous, equitable and safe from the effects of the climate crisis. We're an international movement of ordinary people working to end the age of fossil fuels and build a world of community-led renewable energy for all.
"We will defeat the oligarchy and the political system that it maintains," said Graham Platner. "The politics of Susan Collins."
US Sen. Bernie Sanders on Sunday rallied in Orono, Maine with progressive Senate candidate Graham Platner, who called for transformative political change to reclaim the wealth that has been "stolen by corrupt politicians and the corporations that bought them."
Platner, who effectively locked up the Maine's US Senate Democratic primary after Gov. Janet Mills exited the race last month, placed five-term incumbent Republican Sen. Susan Collins among the corrupt lawmakers who have sold out workers and advanced the interests of the billionaire class, which is shelling out millions to protect Collins' seat.
"We will not just fight the oligarchy," Platner told an audience of 1,400 gathered at the University of Maine, the location of the 40th stop of Sanders' (I-Vt.) nationwide "Fighting Oligarchy" tour. "We will defeat the oligarchy and the political system that it maintains... The politics of Susan Collins. A politics that turns politicians into millionaires but tells you to be grateful for crumbs. It is a lie."
Platner declared that "we need a political revolution," something he said Sanders "has been fighting for for 60 years."
"When we beat back fascism, when we defend our democracy and our freedom, let it be a different kind of freedom," said Platner. "A freedom to not be condemned to scraps and struggle, but to live with the dignity and fulfillment that gives us the society we deserve."
Watch the full rally:
Sanders, who became the first US senator to endorse Platner last August when he was widely seen as a long shot to win the Democratic nomination, said that "what we're talking about"—from Medicare for All to a living wage to union rights for all workers—"is not radical."
"What is radical is when so few have so much," said Sanders. "What is radical is when billionaires control our political system."
Sunday's "Fight Oligarchy" rally came days after a survey showed Platner leading Collins—who has held her seat for nearly three decades—by seven percentage points among likely voters, who appear unfazed by an intensifying wave of attacks on Platner from pro-Collins super PACs and the National Republican Senatorial Committee.
"Susan Collins is spineless and corrupt," Platner wrote on social media ahead of the rally. "And in 163 days, we will defeat her."
"He’s the Jim Cramer of Iran war predictions," said one critic.
Conservative commentator Dave Rubin, who for months has been a top booster of President Donald Trump's illegal war with Iran, was inundated with mockery on Sunday after a viral video exposed months' worth of his failed predictions about the conflict.
The video, which was posted on social media Saturday, begins with Rubin telling viewers to not listen to any of the prognostications being made by critics of the war, which Trump launched in late February without any authorization from Congress.
"I'm pretty good with predictions," Rubin says. "And my prediction here is that everything the media is now going to say about Iran—it's going to close the Strait of Hormuz, and energy prices are going to go crazy—none of this is going to come to pass."
Iran war: greatest hits from the last 12 weeks pic.twitter.com/9pgXyvmsgF
— Dave Rubin Clips II (Parody) - Retired Jan.20/2025 (@DaveClips) May 24, 2026
The video then cuts to Rubin wrongly predicting that gas prices during the conflict "will continue to come down," before switching to claims that Iran lacks the military capability to keep the Strait of Hormuz closed in the face of US military power.
"If the United States wants to keep the Strait of Hormuz open, which it does," says Rubin, "and Donald Trump says we'll escort ships through if we have to, it's going to stay open."
From there, the video shows Rubin hyping of the prospect of Iranian dissident Reza Pahlavi swooping in to take over the country after the war, and then getting fooled by a fake artificial intelligence-generated video of Iranians giving thanks to Israeli Prime Minister Benjamin Netanyahu for bombing their country.
The video compilation of Rubin's failed predictions drew immediate ridicule from critics.
"He’s the Jim Cramer of Iran war predictions," joked Krystal Ball.
Commentator Adam Mockler wrote of Rubin that "it’s brutal watching him make failed predictions week after week."
Journalist Glenn Greenwald argued that the video should be the last nail in the coffin of whatever credibility Rubin had left.
"Imagine having sat through and listened to all of this Israeli propaganda, which turned out to be (predictably and completely) false," commented Greenwald, "and then thinking there was some value in continuing to listen to this person."
The Bulwark's Tim Miller said that while he knew Rubin was "a smooth-brained hack," he still "couldn’t even fathom how bad these war takes would be."
Political analyst Omar Baddar, meanwhile, said the video should erase any doubt that Rubin is "the dumbest man on the internet."
The Trump administration last week sued Minnesota after it passed a law banning prediction markets from operating in the state.
A Sunday report in The New York Times revealed how the Trump administration is using a key government agency to shut down any efforts to regulate online betting markets such as Kalshi and Polymarket.
According to the Times, the administration has stacked the Commodity Futures Trading Commission (CFTC) with industry insiders who have systematically "mowed down" staffers at the agency who have expressed interest in providing oversight on prediction markets.
Among other things, the report documented how multiple officials at CTFC have been put on leave simply for asking questions about the betting markets' ties to members of President Donald Trump's family or for having past experience enforcing regulations related to cryptocurrencies.
What's more, the Times found that even being an industry insider isn't enough to guarantee good standing in the agency. Brian Quintenz, who was tapped by Trump to lead CTFC last year, saw his nomination withdrawn after he drew the ire of Cameron and Tyler Winklevoss for refusing to support their cryptocurrency exchange's complaint against the agency.
Revelations about industry insiders rolling over regulators at CTFC come as the Trump administration is fighting any attempts by states to regulate prediction markets.
As explained in a Thursday report from CNBC, the Trump administration is "fighting a multi-front battle to stop the state actions and assert its regulatory authority," with CTFC arguing that it is "the only entity that can regulate" betting platforms.
16 different states are engaged in legal proceedings against the platforms, and Minnesota last week passed a law to ban them outright, which immediately drew a lawsuit from the administration.
The new Minnesota law, which is scheduled to take effect in August, bans prediction markets "from hosting, creating or advertising in the state," according to ABC News.
In an interview with ABC, Minnesota state Rep. Emma Greenman (D-63B) said she authored the legislation because she has grown increasingly concerned about young people in the state seeing their finances drained from placing online bets.
"We're seeing studies come out that say [the companies] are targeting 18- to 21-year-olds," said Greenman, "and we are seeing gambling starting younger and younger."
CFTC Chair Michael Selig last month warned states against trying to regulate prediction markets, which he said would "circumvent the clear directive of Congress."
"Our message to Wisconsin is the same as to New York, Arizona, and others," said Selig. "If you interfere with the operation of federal law in regulating financial markets, we will sue you."