Fossil Fuel Companies Got $8.2 Billion in Tax Bailouts—Then Fired Over 58,000 Workers
“It’s time to stop subsidizing them and start facing the climate crisis,” says a BailoutWatch analyst. Bolstering arguments against providing further public benefits to the fossil fuel industry, a BailoutWatch analysis published Friday reveals that 77 companies got a collective $8.24 billion tax bailout last year, then laid off tens of thousands of employees. The tax benefits […]