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    Common DreamsTo inform. To inspire. To ignite change for the common good.

    fossil fuel subsidies

    Exxon Mobil Oil Refinery Baton Rouge

    US Tax Payers Are Funding the Industry That Is Destroying Our Earth

    Aggressive Big Oil lobbying has secured enormous government giveaways so extensive that the largest US oil and gas companies now pay more in taxes to foreign governments than to the US Treasury.

    Karina Smith
    Dec 06, 2025

    For more than a century, Big Oil lobbying has tyrannized American climate and tax policy, driving climate catastrophe while deepening economic inequality. Lavish tax breaks and subsidies for fossil fuel companies help explain why corporate giants like Chevron enjoy single-digit tax rates—lower than what many nurses or firefighters pay. After fossil fuel lobbyists flooded COP30 in unprecedented numbers, outnumbering nearly every other country’s delegation and stalling calls for a rapid fossil fuel phaseout, it’s more transparent than ever how the fossil fuel industry maintains its grip on global climate policy.

    In the US, aggressive Big Oil lobbying has secured enormous government giveaways so extensive that the largest US oil and gas companies now pay more in taxes to foreign governments than to the US Treasury, finds a recent report by the FACT Coalition.

    Keep ReadingShow Less
    Opinion
    fossil fuel industry
    Sen. Bernie Sanders Speaks In Wisconsin On His "Fighting Oligarchy Tour"

    Sanders-Omar Bill Would Repeal Big Oil 'Welfare' in Trump Budget Law

    "We are done letting fossil fuel executives write the rules while our communities pay the price," said Rep. Ilhan Omar.

    Brad Reed
    Jul 25, 2025

    Two progressive lawmakers are teaming up to take down the subsidies for fossil fuel companies contained in the recently passed Republican budget law.

    U.S. Sen. Bernie Sanders (I-Vt.) and Rep. Ilhan Omar (D-Minn.) on Friday introduced a bill that is an update of a 2012 Sanders bill to repeal the nearly $200 billion worth of federal subsidies and tax loopholes that they describe as "welfare" for oil and gas companies.

    Keep ReadingShow Less
    News
    climate emergency
    ​Rescuers help evacuate residents from a flooded street in Rongjiang

    UN Expert Calls for 'Defossilization' of World Economy, Criminal Penalties for Big Oil Climate Disinformation

    Fossil fuel companies have for decades "instilled doubt about the need to act on, and the viability of, renewables," said U.N. climate expert Elisa Morgera.

    Julia Conley
    Jun 30, 2025

    As health officials across Europe issued warnings Monday about extreme heat that could stretch into the middle of the week in several countries—the kind of dangerous conditions that meteorologists have consistently said are likely to grow more frequent due to human-caused climate change—a top United Nations climate expert told the international body in Geneva that the "defossilization" of all the world's economies is needed.

    Elisa Morgera, the U.N. special rapporteur on climate change, presented her recent report on "the imperative of defossilizing our economies," with a focus on the wealthy countries that are projected to increase their extraction and use of fossil fuels despite the fact that "there is no scientific doubt that fossil fuels... are the main cause of climate change."

    Keep ReadingShow Less
    News
    fossil fuels
    Three men in suits sit at a table.

    Big Polluters Dodged Their Duties at COP29; Will the ICJ Hold Them to Account?

    Rich countries must pay up for the climate action needed to halt the climate crisis they have created and remedy the climate harms that they have inflicted.

    Laurie Van Der Burg
    Avantika Goswami
    Nikki Reisch
    Dec 13, 2024

    The recent COP29 climate finance deal is a stark example of how wealthy historical emitters continue to evade their responsibilities to pay for climate action and remedy climate harm. But they cannot escape rising demands for accountability. In the historic hearings on states' climate obligations at the International Court of Justice, which are drawing to a close, developing nations are forcing them to face the law.

    The timing of these ICJ hearings, on the heels of yet another failure of the United Nations climate talks, underscores what's at stake.

    Keep ReadingShow Less
    Opinion
    cop29
    Republican Presidential Nominee Donald Trump Holds Election Night Event In West Palm Beach

    Trump Win Fulfills Oligarchy's 50-Year Plan for Right-Wing Takeover

    The billionaires have won. They have successfully killed the American Dream. And now we have to fight back.

    Thom Hartmann
    Nov 06, 2024

    When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.” — Frédéric Bastiat, Economic sophisms, 2nd series (1848)

    We just watched the final fulfillment of a 50 year plan. Louis Powell laid it out in 1971, and every step along the way Republicans have follow it.

    Keep ReadingShow Less
    Opinion
    oligarchy
    People wade through floodwaters in Feni, Bangladesh

    Report Details Record-Breaking Health Threats of Climate Crisis, Fossil Fuel Subsidies

    "No individual or economy on the planet is immune from the health threats of climate change," said a lead researcher.

    Julia Conley
    Oct 30, 2024

    Over $1 trillion spent each year on subsidizing fossil fuel production must be redirected to public health efforts, said the experts behind a new annual report monitoring progress on the climate and global health.

    The 2024 Report of the Lancet Countdown on Health and Climate Change, published Tuesday in The Lancet by the Lancet Countdown at Universiy College London (UCL), found that delayed action on the climate emergency is exposing people across the globe to record-breaking threats, with 10 of 15 indicators showing that specific health threats have reached "concerning new levels."

    Keep ReadingShow Less
    News
    climate emergency
    Oil storage tanks and a container terminal

    Scientists, Experts Demand 'Immediate End' to EU Fossil Fuel Subsidies

    "E.U. leaders must make a choice: Stand with the people and the planet, or continue propping up an economy that's driving us towards climate catastrophe," said one advocate.

    Julia Conley
    Oct 02, 2024

    Warning that policymakers in the European Union are undermining the bloc's own climate goals by continuing to subsidize fossil fuel extraction, climate scientists and other experts from across Europe were among the signatories of an open letter released Wednesday, demanding that officials redirect hundreds of billions of dollars in subsidies to "turbocharge climate solutions."

    The coalition United for Climate Justice spearheaded the letter, which comes ahead of a planned march in Brussels on Saturday, October 5.

    Keep ReadingShow Less
    News
    fossil fuel subsidies
    Wildfires in Argentina

    Ending Oil Subsidies, Taxing the Rich Could Help Free Up $5 Trillion a Year for Climate

    "The real question isn't whether we can afford to act, but whether we can afford not to."

    Jake Johnson
    Sep 24, 2024

    Research published Tuesday estimates that rich countries could mobilize over $5 trillion a year for climate action worldwide by cutting off subsidies to the oil and gas industry, imposing a levy on big polluters, and cracking down on tax evasion by large corporations and the rich.

    The new report from Oil Change International (OCI) was released as world leaders gathered in New York City for high-level United Nations General Assembly talks, a meeting that comes less than two months before the COP29 climate summit in Azerbaijan.

    Keep ReadingShow Less
    News
    climate emergency
    The Petra Nova Carbon Capture Project

    'Colossal Waste': US Leads Way in Public Spending on False Climate Solutions

    "The fossil fuel industry delays climate action, distracts from real solutions that would end the fossil fuel era, and does everything in its power to squeeze the last drops of profit from a dying industry, at the expense of all of us."

    Julia Conley
    Aug 29, 2024

    Among the world's wealthiest countries, the U.S. leads the way in spending public money on so-called climate "solutions" that have been proven to "consistently fail, overspend, or underperform," according to an analysis released Thursday by the research and advocacy group Oil Change International.

    The group's report, titled Funding Failure, focuses on international spending on carbon capture and fossil-based hydrogen subsidies, which continues despite ample data showing that the technological fixes have "failed to make a dent in carbon emissions" after 50 years of research and development.

    Keep ReadingShow Less
    News
    carbon capture
    Vice President Kamala Harris

    Young Voters Tell Kamala Harris to 'Fight for Our Future'

    "This is your chance to energize young people and our communities to vote, mount one of the greatest political comebacks in decades, and deliver a resounding defeat to the far-right agenda of Trump and Vance."

    Jessica Corbett
    Jul 25, 2024

    Four youth-led groups on Thursday urged Vice President Kamala Harris, the presumptive Democratic presidential nominee, to "fight for our future" by pursuing a policy agenda the coalition unveiled in a March letter to U.S. President Joe Biden.

    It's been less than a week since Biden left the race and endorsed Harris, who is expected to face former Republican Donald Trump and his running mate, U.S. Sen. JD Vance (R-Ohio), in the November election. Since then, she's racked up endorsements from Democratic members of Congress and progressive groups focused on issues including climate, labor, and reproductive rights.

    Keep ReadingShow Less
    News
    kamala harris
    See More

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