Tell Attorney General Holder: No Tax Write-Offs for BP for Spilling Oil
BP may get a gift from the government for spilling oil in the Gulf of Mexico and we need your help to cut the deal off at the pass.
BP is finally in court with the federal government and a number of affected states in order to determine the fines and penalties they will have to pay as a result of the Deepwater Horizon Gulf of Mexico oil spill in 2010. Great news, right?
Well, unfortunately, word has come out that the Department of Justice may be offering BP a sweetheart settlement deal that could include billions in tax-deductible penalties.
Yes, you read that right: if this settlement goes through BP would be able to take tax breaks as a result of the penalties they are required to pay.
We need to stand up now, before the deal is finalized, to tell President Obama and Attorney General Eric Holder that we won’t let this back-room deal be pushed through quietly. Stand with us now to say no, this is not okay.
You know the last time BP was able to write off spill-related expenses? It was in 2010 in the wake of the spill. And you know how much federal income tax they paid that year? Not a dime.
President Obama and members of his administration have consistently spoken out about ending subsidies to Big Oil. Yet, somehow, when the rubber hits the road, deals like the one being offered to BP this week keep propping up to an industry that is fueling climate change.
Time is short to turn this around. We need your help to tell Attorney General Eric Holder that we won’t stand for our government allowing BP to take a tax write-off for devastating the Gulf. Add your voice today.
To save the planet, we must save the Amazon rainforest. To save the rainforest, we must save its indigenous peoples. And to do that, we must demarcate their land.
A new EarthxTV film special calls for the protection of the Amazon rainforest and the indigenous people that call it home. EarthxTV.org
- Meet the 'Women Warriors' Protecting the Amazon Forest - EcoWatch ›
- Indigenous Tribes Are Using Drones to Protect the Amazon ... ›
- Amazon Rainforest Will Collapse by 2064, New Study Predicts ... ›
- Deforestation in Amazon Skyrockets to 12-Year High Under Bolsonaro ›
- Amazon Rainforest on the Brink of Turning Into a Net Carbon Emitter ... ›
EcoWatch Daily Newsletter
By Anke Rasper
"Today's interim report from the UNFCCC is a red alert for our planet," said UN Secretary General Antonio Guterres.
The report, released Friday, looks at the national climate efforts of 75 states that have already submitted their updated "nationally determined contributions," or NDCs. The countries included in the report are responsible for about 30% of the world's global greenhouse gas emissions.
- World Leaders Fall Short of Meeting Paris Agreement Goal - EcoWatch ›
- UN Climate Change Conference COP26 Delayed to November ... ›
- 5 Years After Paris: How Countries' Climate Policies Match up to ... ›
- Biden Win Puts World 'Within Striking Distance' of 1.5 C Paris Goal ... ›
- Biden Reaffirms Commitment to Rejoining Paris Agreement ... ›
India's New Delhi has been called the "world air pollution capital" for its high concentrations of particulate matter that make it harder for its residents to breathe and see. But one thing has puzzled scientists, according to The Guardian. Why does New Delhi see more blinding smogs than other polluted Asian cities, such as Beijing?
- This Indian Startup Turns Polluted Air Into Climate-Friendly Tiles ... ›
- How to Win the Fight Against Plastic - EcoWatch ›
In a historic move, the Delaware River Basin Commission (DRBC) voted Thursday to ban hydraulic fracking in the region. The ban was supported by all four basin states — New Jersey, Delaware, Pennsylvania and New York — putting a permanent end to hydraulic fracking for natural gas along the 13,539-square-mile basin, The Philadelphia Inquirer reported.
- Appalachian Fracking Boom Was a Jobs Bust, Finds New Report ... ›
- Long-Awaited EPA Study Says Fracking Pollutes Drinking Water ... ›
- Pennsylvania Fracking Water Contamination Much Higher Than ... ›
Colombia is one of the world's largest producers of coffee, and yet also one of the most economically disadvantaged. According to research by the national statistic center DANE, 35% of the population in Columbia lives in monetary poverty, compared to an estimated 11% in the U.S., according to census data. This has led to a housing insecurity issue throughout the country, one which construction company Woodpecker is working hard to solve.
- Kenyan Engineer Recycles Plastic Into Bricks Stronger Than ... ›
- Could IKEA's New Tiny House Help Fight the Climate Crisis ... ›