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fossil fuels
Trump's Fossil Fuel Donors Are Getting Their Money's Worth
As promised, Trump is rewarding the industry for its campaign spending by adopting its policy agenda as his own.
Sep 18, 2025
Fossil fuel interests donated heavily to US President Donald Trump’s 2024 reelection bid. Months after his victory, oil and gas moguls have continued to pump money into his political coffers. Now, as promised by Trump during the campaign, his administration is embracing their policy agenda and governing in a way that is netting the industry billions.
Trump asked oil and gas executives in 2024 to raise $1 billion for his campaign and told them he’d grant their policy wish list if he won. The investment, he said, would be a “deal” given the taxes and regulation they would avoid under his presidency. He also offered to help fast-track fossil fuel industry mergers and acquisitions if he won.
The industry responded by spending lavishly to elect Trump, giving at least $75 million to his campaign and affiliated PACs, thereby making them a top corporate backer of his reelection bid and a crucial source of funding. Several oil tycoons gave millions on their own and hosted fundraisers with Trump and his associates. Some oil and gas executives who hadn’t given Trump money during previous cycles made major donations after attending fundraisers where he pledged to start acting on the industry’s policy priorities as soon as he retook the White House.
That’s just the spending we know about. The 2024 election saw record levels of “dark money” spending, where wealthy interests keep their role secret by funneling money through groups that do not disclose their donors. The fossil fuel industry has a history of deploying dark money tactics, and any such spending in 2024 would inherently be obscured.
The fossil fuel industry is reaping major returns on its investment in the Trump administration. But what about the costs?
Even after Trump’s victory in 2024, oil and gas interests have continued to pour money into his political operation. They gave $11.8 million to his inauguration fund, and even though Trump cannot run for a third term, his main super PAC has raked in millions more from the industry since he took office—including $25 million from oil producer Energy Transfer Partners and its CEO, Kelcy Warren.
As promised, Trump is rewarding the industry by adopting its policy agenda as his own. His signature legislative package—which one executive deemed “positive for us across all of our top priorities”—gives oil and gas firms $18 billion in tax incentives while rolling back incentives for clean energy alternatives. He’s placed fossil fuel allies in charge of the agencies that oversee the industry and fast-tracked drilling projects on public lands. In just his first 100 days back in office, Trump took at least 145 actions to undo environmental rules—more than he reversed during his entire first term as president. Before Trump even reentered the White House, the industry was reportedly pre-drafting executive orders for him to issue.
The profits are already rolling in for the industry. Take Warren and Energy Transfer Partners. Trump ended a Biden-era pause on liquefied natural gas exports and cleared the way for Energy Transfer Partners (which extracts liquefied natural gas) to extend a major project. Warren’s personal wealth grew nearly 10% after the administration green-lit the project as Energy Transfer Partners reported a boost in profits.
There’s also Occidental Petroleum, which donated $1 million to Trump’s inaugural committee, and whose CEO cohosted a major fundraiser for Trump in May 2024. Occidental is especially well positioned to see boosted profits from the sprawling array of favorable subsidies and tax incentives in his signature bill, passed into law this summer.
Now the Trump administration is taking its biggest swing yet for fossil fuel interests: repealing the “endangerment finding,” the federal government’s formal acknowledgement that global warming from greenhouse gases, produced by burning fossil fuels, endangers the public. The finding gives the government legal authority to set clean air rules, and it’s long been the subject of the fossil fuel lobby’s ire, surviving more than 100 challenges in court. Revoking the finding would erase scores of clean air rules that the industry opposes.
The fossil fuel industry is reaping major returns on its investment in the Trump administration. But what about the costs? Extreme weather events such as flooding, wildfires, and severe storms—which overwhelming scientific consensus has concluded are driven by global warming from fossil fuel usage—are becoming increasingly common, inflicting billions of dollars of damage on American communities and costing thousands of people their lives and livelihoods each year. Life-threatening summer heat affected more than 255 million Americans this year alone. It does not appear that these concerns are having any major impact on government policy, and instead, the administration fired hundreds of scientists tasked with tracking these issues.
Trump is far from the first president to use the office in ways that reward wealthy donors. Decades of harmful Supreme Court decisions, decaying anticorruption and campaign finance guardrails, and inadequate enforcement of existing rules around money in politics have enabled an unprecedented concentration of wealth and political power. So while Trump’s embrace of the fossil fuel industry’s agenda isn’t breaking entirely new ground, it offers yet another stark example of how wealthy interests are shaping policies that affect the lives of all Americans.
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'Time to Make Polluters Pay': Study Ties Fossil Fuel Pollution Directly to Deadly Heatwaves
"We're talking about real people who died, real crops that failed, and real communities that suffered, all because of decisions made in corporate boardrooms," said one campaigner.
Sep 11, 2025
A study published Wednesday in the journal Nature establishing "that the influence of climate change on heatwaves has increased, and that all carbon majors, even the smaller ones, contributed substantially to the occurrence of heatwaves," is fueling fresh calls for fossil fuel giants to pay for the deadly impacts of their products.
With previous "attribution studies," scientists have generally looked at single extreme weather events. The new study, led by Sonia Seneviratne, a professor at the Swiss university ETH Zurich, is unique for its systematic approach—but that's not all.
"Past studies have mostly looked at emissions from people and countries. This time, we're focusing on the big carbon emitters," explained lead author Yann Quilcaille, a postdoctoral researcher in Seneviratne's group, in a statement.
"We are now at the point where we recognize the serious consequences of extreme weather events for the world's economies and societies—heat-related deaths, crop failures, and much, much more," he said. "People are concerned about who contributed to these disasters."
The researchers found that climate change made 213 heatwaves from 2000–23 "more likely and more intense, to which each of the 180 carbon majors (fossil fuel and cement producers) substantially contributed." They also found that global warming since 1850-1900 made heatwaves 2000-09 about 20 times more likely, and those 2010-19 more likely.
"Overall, one-quarter of these events were virtually impossible without climate change," the paper states. "The emissions of the carbon majors contribute to half the increase in heatwave intensity since 1850-1900. Depending on the carbon major, their individual contribution is high enough to enable the occurrence of 16-53 heatwaves that would have been virtually impossible in a preindustrial climate."
Anybody surprised? Emissions from 14 fossil fuel giants drove 213 major heatwaves since 2000, making >50 deadly ones 10,000× more likely and adding up to +2.2°C increased intensityAll while knowing the impact of GHG emissionsCorporate negligence =Human costwww.theguardian.com/environment/...
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— Ian Hall (@ianhall.bsky.social) September 10, 2025 at 12:37 PM
While the study highlights the climate pollution of "14 top carbon majors," including the governments of the former Soviet Union, China (coal and cement), India (coal), and the companies Saudi Aramco, Gazprom, ExxonMobil, Chevron, National Iranian Oil Company, BP, Shell, Pemex, and CHN Energy, Quilcaille said that "the contributions of smaller players also play a significant role."
"These companies and corporations have also primarily pursued their economic interests, even though they have known since the 1980s that burning fossil fuels will lead to global warming," the researcher added.
In a review of the study for Nature, climate scientist Karsten Hausten from Germany's Leipzig University pointed out that "Quilcaille and colleagues' results, as well as the attribution framework that they have developed, provide a tool to continue the legal battle against individual companies and countries."
"This study is a leap forward that could be used to support future climate lawsuits and aid diplomatic negotiations," he wrote. "Finally, it is another reminder that denial and anti-science rhetoric will not make climate liability go away, nor will it reduce the ever-increasing risk to life from heatwaves across our planet."
Hausten was far from alone in recognizing how the new research could contribute to climate cases. Jessica Wentz, senior fellow at the Sabin Center for Climate Change Law at Columbia University, pointed to the International Court of Justice's landmark advisory opinion from July that countries have a legal obligation to take cooperative action against the global crisis.
"Initially, when a plaintiff needs to show that they have standing in a case, they have to allege that they have an injury that is traceable to the defendant's conduct," she told CBC, suggesting the new study will help establish that connection.
"The methodologies that underpin these types of findings can also be used in more fungible ways to look at not only the contributions of the carbon majors, but presumably you could use a similar approach to start looking at government," Wentz said.
Christopher Callahan, a scientist at Indiana University Bloomington who has published research showing that economic damages from rising extreme heat can be tied to companies such as Exxon, said that "this study adds to a growing but still small literature showing it's now possible to draw causal connections between individual emitters and the hazards from climate change."
"There is a wealth of evidence now that major fossil fuel producers were aware of climate change before the rest of the public was and used their power and profit to undermine climate action and discredit climate science," he said, adding that it is "morally appropriate" to hold companies accountable for the emissions of their products.
Callahan also gathered some of the relevant research in a series of posts on Bluesky, noting that on the same day that this new study was published, another team "quantified the thousands of heat-related deaths in Zurich, Switzerland that can be attributed to climate change—and showed that dozens of these deaths are due to the emissions from these individual firms."
"Together, this science—and the broader attribution science that preceded it—are building a clear scientific case for climate accountability," he concluded.
Several US states and municipalities in recent years have launched lawsuits and passed legislation designed to make Big Oil pay for driving the deadly climate emergency—and earlier this year, drawing on an essay in the Harvard Environmental Law Review, an American woman filed the first climate-related wrongful death suit against fossil fuel companies.
In a Wednesday statement to The Guardian about the new study, Cassidy DiPaola, a spokesperson for the Make Polluters Pay campaign, said that "we can now point to specific heatwaves and say: 'Saudi Aramco did this. ExxonMobil did this.'"
"When their emissions alone are triggering heatwaves that wouldn't have happened otherwise," she added, "we're talking about real people who died, real crops that failed, and real communities that suffered, all because of decisions made in corporate boardrooms."
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'Paying for Climate Chaos': Report Exposes $35 Billion a Year in US Handouts to Big Oil
"It's time to stop paying polluters to wreck our planet," said one environmental advocate.
Sep 09, 2025
Research and advocacy organization Oil Change International on Tuesday released a new report documenting the massive subsidies that fossil fuel companies receive from the US government every year.
The report, titled "Paying for Climate Chaos," found that the government will hand out $34.8 billion to big oil and gas companies this year, and that these companies are set to get almost an additional $4 billion in subsidies thanks to the so-called "One Big Beautiful Bill Act" passed by congressional Republicans and signed into law by US President Donald Trump earlier this year.
Among the added benefits fossil fuel companies receive from the GOP's budget law are $1.2 billion in the form of reduced royalty rates for extracting oil and gas on public lands; $720 million from a delay in the implementation of a per-ton methane emissions fee; and $359 million from the expansion of a corporate tax exemption to include categories such as carbon capture and hydrogen storage.
The report found that total subsidies to fossil fuel companies had grown significantly since Oil Change International first began studying the issue back in 2017 when subsidies totaled a comparatively modest $20 billion.
What's more, it noted that the price tag for these subsidies only looks set to increase over the next decade.
"Many subsidies identified are projected to soar over the next decade and beyond," Oil Change International writes. "If federal leaders fail to act, fossil fuel production subsidies could skyrocket to hundreds of billions of dollars per year. This is due to the recent introduction of new subsidies for carbon capture, utilization, and storage and hydrogen, which increase fossil fuel production."
The report concluded by urging federal lawmakers to repeal the billions handed out in fossil fuel subsidies every year, including the recently passed ones for carbon capture and fossil hydrogen. It also said a future administration should "end subsidies across federal agencies, including the US Department of Energy, US Army Corps of Engineers, Bureau of Land Management, Bureau of Ocean Energy Management," and others.
Collin Rees, US campaign manager for Oil Change International, called these subsidies particularly wasteful in light of cuts Republicans made to programs such as Medicaid and the Supplemental Nutritional Assistance Program as part of their budget law.
"Congress must stand up to big oil and gas, eliminate fossil fuel subsidies, and redirect those billions toward the things our communities actually need: healthcare, housing, and clean, affordable, renewable energy," he said. "It's time to stop paying polluters to wreck our planet. The Trump administration's fossil-fueled corruption and attacks on working people provide an opportunity for a new agenda grounded in a bold vision to end the fossil fuel era."
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