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For Immediate Release
March, 18 2021, 12:00am EDT
Contact:
Alex Doukas, Oil Change International: alex@priceofoil.org
Anne Hawke, NRDC: ahawke@nrdc.org
Kate DeAngelis, Friends of the Earth U.S.: kdeangelis@foe.org
Nearly 450 Organizations Call on Biden Administration to End Public Finance for Fossil Fuels
WASHINGTON
In a letter released today, nearly 450 organizations called on the Biden Administration to immediately end all US public financing for fossil fuels, including natural gas.
Signatories to the letter span six continents, and include major US civil society organizations, international groups, and organizations in the Global South concerned about the impacts of US support for overseas fossil fuel projects.
US public finance for overseas fossil fuel projects averaged more than $4 billion annually over the past decade, according to Oil Change International, at times exceeding $10 billion in a single year (primarily through the US Export-Import Bank and the US Development Finance Corporation, formerly the Overseas Private Investment Corporation).
The letter follows a Biden Administration executive order which directed agencies to end "carbon-intensive" finance, a commitment that Climate Envoy John Kerry characterized as "a plan for ending international financing of fossil fuel projects with public money." The signatories call for a policy that excludes US public finance for all fossil fuels, including gas, which received high volumes of support under both the Obama and Trump administrations.
The letter argues that if the US announces an immediate end to its international support for fossil fuels, this would influence many other governments to do the same, and could help eliminate tens of billions of dollars annually in support for the fossil fuel industry. Analysis shows that G20 governments alone have provided at least $77 billion annually in public finance for fossil fuels, even after the Paris Agreement was reached.
A commitment to end fossil fuel finance would enable the US to join forces with other governments that have taken steps in this direction. The UK - the host of this year's G7 Summit and UN climate negotiations - is the first major economy to announce such a policy across the whole of government. Prime Minister Boris Johnson announced an end to public finance for fossil fuel projects overseas in December 2019, and following a public consultation on the topic, the government is expected to publish its new policy over the next few weeks. A joint commitment around the time of the G7 Summit in June, for example, would put further pressure on peers providing large volumes of finance for highly-polluting activities such as Japan, Canada, and China, and would build momentum for climate action toward the UN climate negotiations in November.
If the commitment comes soon, it could also significantly influence the Asian Development Bank's review of their energy lending policy, as the US is the Bank's largest shareholder alongside Japan.
Organizations who signed the letter provided the following statements:
"Governments can't claim to be serious about climate change if they pump billions of dollars into the most polluting industries every year. If President Biden is serious about zeroing out emissions by mid-century or earlier, the US must end its billions of dollars in support for oil, gas, and coal projects around the world," said Alex Doukas from Oil Change International.
"U.S. financing of fossil fuel projects all over the world has led to devastating impacts on local communities and even loss of lives. President Biden must shift this destructive financing away from fossil fuels toward distributed renewables that can improve livelihoods through access to clean and affordable electricity." said Kate DeAngelis from Friends of the Earth United States.
"By promoting fossil fuel projects overseas, especially gas infrastructure, the US is making it harder for countries to decarbonize. We have to stop subsidizing fossil fuel companies at the expense of our climate. It's irrational for an administration so focused on climate change to promote LNG facilities. Those facilities could waste billions in taxpayer dollars and would lock countries into high-emissions pathways. Why would we promote fossil fuel infrastructure in Vietnam, for example, instead of competing with European and Chinese businesses that are dominating the renewables market there?" said Han Chen, manager of energy for the International program at NRDC (the Natural Resources Defense Council)
You can find the full version of the letter with the list of signatories here.
Oil Change International is a research, communications, and advocacy organization focused on exposing the true costs of fossil fuels and facilitating the ongoing transition to clean energy.
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2,315 Meters Under the Sea, Greenpeace Stages Deepest Protest in World History
“By safeguarding these deep-sea ecosystems within a global network of ocean sanctuaries and establishing a moratorium on deep sea mining, we can create a resilient safety net for marine life, and protect the health of our global oceans for generations to come."
May 27, 2026
Aided by a sophisticated underwater submersible, activists with Greenpeace on Wednesday set a world record for the deepest protest ever by displaying a banner 1.4 miles beneath the surface of the Arctic Ocean to oppose industrial deep-sea mining and urging protection of the world's oceans.
According to the international environmental group, the message "LISTEN TO THE SCIENCE!" was displayed 2,315 meters below sea level using a remotely operated vehicle called ‘ROV Holly.’
Executed during a deep-water survey expedition between Iceland and the island of Svalbard, the robotic hand of the submersible held up the sign in front of a hydrothermal vent field known as Loki’s Castle, which is located along the Arctic Mid-Ocean Ridge that separates the Arctic Ocean's Greenland Sea from the Norwegian Sea.
"This marks the deepest banner protest in history, to speak for ecosystems that have no voice of their own," said Dr. Sandra Schöttner, chief scientist for the Deep Arctic Expedition at Greenpeace International. "World leaders have already promised to protect 30 percent of the oceans, now they must listen to the science and actually do it. We cannot meet our global goals if we also allow industrial exploitation of unexplored and vulnerable ecosystems in the deep sea. It is high time that leaders keep their promises and give the oceans a chance to recover.”
The Arctic Mid Ocean Arctic Ridge—which the group characterized as "one of Earth's least known wildernesses"—goes down to depths of up to 3000 meters. The expedition and historic protest is part of a Greenpeace campaign that is calling for the deep-sea world of hydrothermal vents like Loki's Castle and others, as well as seamounts and the "extraordinary creatures" that live in such ecosystems to be protected with the establishment of a network of marine sanctuaries.
“By safeguarding these deep-sea ecosystems within a global network of ocean sanctuaries and establishing a moratorium on deep sea mining," said Dr. Schöttner, "we can create a resilient safety net for marine life, and protect the health of our global oceans for generations to come."
Efforts to ban deep-sea mining by environmentalists, ocean stewards, and conservationists were stymied in the US with an executive order last year issued by President Donald Trump which seeks to bolster and expand the practice by the mining industry.
Trump was condemned for the move, which Greenpeace at the time called "an insult to multilateralism" due to its sidestepping of a UN-backed process designed to protect the oceans, and "a slap in the face to all the countries and millions of people around the world who oppose this dangerous industry.”
Trump's failures, however, have been counteracted at some level by other nations who have paused or put stronger protections in place when it comes to deep-sea mining. In December, Norway paused controversial plans to issue a fresh round of drilling and mining license beneath undersea areas it controls.
As part of its ongoing campaign to curb the destructive practice, Greenpeace is calling on world leaders to honor existing global climate targets, implement the UN Ocean Treaty to protect 30% of the global ocean by 2030, and establish an immediate moratorium on deep-sea mining.
“There is no version of seabed mining that is sustainable or safe,” Greenpeace Aotearoa campaigner Juressa Lee said last year. “Alongside our allies who want to protect the ocean for future generations, we will continue to say a loud and bold no to miners who want to strip the seafloor for their profit.”
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Ken Paxton—Dubbed 'Most Corrupt Politician in America'—Wins Texas Senate Primary
"Ken Paxton embodies the broken political system that we're running against," said James Talarico, the Democratic nominee for the Senate seat.
May 27, 2026
Ken Paxton, the scandal-plagued Texas attorney general backed by President Donald Trump, handily won a Republican US Senate primary runoff on Tuesday, ousting incumbent Sen. John Cornyn and setting up a critical race with Democratic nominee James Talarico—who wasted no time blasting Paxton's long record of self-dealing.
"Ken Paxton embodies the broken political system that we're running against," Talarico, a Texas state representative, said in an MS NOW appearance following Paxton's victory. "He is the most corrupt politician in America. Three years ago tomorrow, he was impeached by his own party for using his public office, his position of public trust, to enrich himself and his donors at our expense."
Talarico highlighted that Paxton has been indicted on securities fraud charges and said he "has shown over and over again that he's only concerned about himself."
"And that is exactly the problem in our politics," said the Democratic candidate. "It's puppet politicians who serve themselves and their billionaire megadonors instead of serving us. It's why we can't afford anything. It's why we can't get ahead no matter how hard we work. The system is rigged by corrupt politicians like Ken Paxton. And so it's going to be all of us. It's going to be Democrats, independents, and Republicans. It's going to be urban Texans, rural Texans, suburban Texans. It's going to be all of us coming together, the people versus Ken Paxton."
Ken Paxton is the most corrupt politician in America.
He embodies the broken system we’re running against.
It’s time to come together: The People vs. Ken Paxton pic.twitter.com/xL3cckibX9
— James Talarico (@jamestalarico) May 27, 2026
US Rep. Greg Casar (D-Texas), the chair of the Congressional Progressive Caucus, echoed Talarico, dubbing Paxton "the most corrupt politician in America" and adding, "Calling Ken Paxton just a crook is like calling Texas summers a little bit warm."
"The guy makes Richard Nixon look like a Boy Scout," said Casar. "We cannot allow him to become a United States Senator."
The Texas Tribune noted in its coverage of the primary outcome that Paxton is "known for his checkered history of personal ethics and legal troubles: He was once indicted for felony securities fraud (charges that were later dropped) and impeached by the GOP-controlled Texas House for corruption and abuse of office (and acquitted by the Republican majority in the Senate). And he has come under fire for alleged infidelity and an accumulation of assets during his time in office."
A Wall Street Journal report published last year detailed how Paxton "went from being a middle-class lawyer to a multimillionaire during his two decades on a public official’s salary."
"Paxton, who entered state government in 2003 with a modest income and few assets, by 2018 told a lender he had amassed a net worth of about $5.5 million, not including millions in assets he and his wife had previously moved into a blind trust," the Journal reported. "The following year, Paxton reaped an additional $2.2 million gain—never previously disclosed—from his investment in a local company with a lucrative Texas state contract."
Talarico—who, if victorious in November, could be a decisive factor in helping Democrats retake control of the US Senate—said in his television appearance late Tuesday that Paxton "owns 11 homes while we can't afford one."
"Ken Paxton's net worth went up by 7,000% while our pay has been stagnant," he added. "This is not just about Ken Paxton—it's about the corrupt system that he embodies, that he represents. If we can defeat the most corrupt politician in America in this year, in this race, in this state, then we can defeat this entire corrupt system."
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Vermont Applauded for Banning Parkinson's-Linked Neurotoxic Herbicide Paraquat
Noting that "70+ countries and one US state" have banned the chemical, the Michael J. Fox Foundation said that "this is a clear and critical message" to federal and state lawmakers that "the time to ban paraquat is now."
May 26, 2026
In a move cheered by advocates for public health and the environment, Vermont on Tuesday became the first US state to ban paraquat, a neurotoxic herbicide banned in over 70 countries but protected by the Trump administration despite being linked to Parkinson's disease.
Democratic Vermont Gov. Phil Scott signed H. 739, which bans the sale and use of paraquat, after the legislation was passed by the state Legislature with strong bipartisan support. The ban—which contains a provision allowing for limited use of the chemical on fruit orchards through the end of 2030—is set to take effect on November 1.
As Public Interest Research Group (PIRG) campaigner Liam Sacino recently noted, the US Environmental Protection Agency [EPA] acknowledges that "even a small amount" of paraquat "can be fatal, and there is no known antidote."
"The agency has also decided that due to health risks, it should never be used around home gardens, schools, recreational parks, golf courses, or playgrounds," Sacino added. "Regardless of these conclusions, the EPA still allows paraquat to be sprayed on farms, posing a potentially increased risk to those who work on the farms and live nearby."
The EPA paradoxically calls paraquat "an important tool for the control of weeds in many agricultural and non-agricultural settings," a stance promoted by the chemical industry, some of whose highly toxic products the pesticide-friendly Trump administration has designated as vital to US national security.
Ban advocates point to mounting evidence that paraquat exposure greatly increases the risk of developing Parkinson's disease, a neurodegenerative illness. One recent UCLA study found that the odds of developing Parkinson's could more than double for people living within 500 meters of paraquat application.
That study added to a body of research linking paraquat to Parkinson's that dates back to at least 2011, when National Institutes of Health researchers concluded that the brain disorder is “positively associated” with the herbicide. A 2013 paper published in the peer-reviewed journal Neurology found that exposure to paraquat roughly doubled the risk of developing Parkinson’s. In 2020, four of the world’s leading neurologists published a book citing paraquat as a cause of the ailment.
Parkinson's advocacy groups, including the Parkinson's Foundation and Michael J. Fox Foundation, hailed the Vermont ban.
The Michael J. Fox Foundation noted that "70+ countries and one US state have now banned paraquat."
"This is a clear and critical message to other states and our federal government: The time to ban paraquat is now," the group added.
Environmental groups also cheered the ban.
"We applaud Gov. Scott and the champions in the Legislature that made this moment possible that will protect all Vermonters, including farmers and children, from being exposed to this dangerous chemical,” Environmental Working Group legislative director Geoff Horsfield said in a statement.
“With Vermont leading the way, states across the country now have a clear path to end the use of one of the most toxic herbicides still on the market,” Horsfield added. “This is a turning point in the effort to protect public health from a chemical that has been tied to devastating neurological harm.”
Other states including California, New Jersey, New York, and Pennsylvania have either introduced bills to ban or strictly limit paraquat, or are considering doing so.
"We should not wait for federal action when we can act now to protect farmworkers and families," PIRG's Sacino said Tuesday.
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