Five top U.S. corporations racked up millions in profits last year and paid no federal taxes. They spent money instead on political campaigns and it was money well spent. Over the last decade, Bank of America, Boeing, Chevron, ExxonMobil and General Electric handed out $78.7 million to state political campaigns More…
The nonprofit Checks and Balances Project today released an analysis of the skyrocketing profits of the nation’s top five oil and gas companies in the wake of near-record gas prices and compared those profits to lobbying expenditures and political contributions in 2010.
ExxonMobil reported first quarter 2011 profits of More…
A new Greenpeace report finds that the Koch Brothers, via their PAC, contributed $2.51 million since the beginning of the 2006 election cycle to lawmakers’ campaigns, more than any other oil and gas industry PAC. At the same time, the report says that “Koch Industries, Koch employees, and Koch More…
At a hearing this morning with executives from five leading oil companies, House Energy and Environment Subcommittee Chairman Ed Markey (D-Mass.) lambasted the executives for their companies’ lack of preparation for an oil spill like the one that has been spewing crude into the Gulf of Mexico for 57 days. More…
A test case for climate change litigation was dismissed by a federal appeals court on Friday in a little-noticed afternoon ruling, leaving the door open for a Supreme Court appeal by plaintiffs who aim to link major industrial emitters with the environmental consequences of the greenhouse gases they produce.
The More…
While walking around Washington, it’s hard to miss all the large Chevron ads. They are at bus stops and in metro stations, and they feature “everyday people” promising to conserve energy. “I will carpool to work,” one person in the ad says. “I will take the golf clubs out of More…
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