Fossil Fuels Already Get Billions in Bailouts — They’re Called Subsidies
Recently, the Federal Reserve announced that it would be loosening its lending guidelines so that more corporations, even those with massive pre-existing debts, could take part in the bailout feeding frenzy. As Alexis Goldstein explains, the main beneficiary of these changes was the group that lobbied hardest for them: the fossil fuel industry… Read more…
