Quantcast

Tell Attorney General Holder: No Tax Write-Offs for BP for Spilling Oil

Climate

Oil Change International

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.

Tell Attorney General Holder, no tax deductions for spilling oil.

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.

Visit EcoWatch’s GULF OIL SPILL and OFFSHORE OIL DRILLING pages for more related news on this topic.

——–

Click here to tell Congress to Expedite Renewable Energy.

 

EcoWatch Daily Newsletter

Aerial assessment of Hurricane Sandy damage in Connecticut. Dannel Malloy / Flickr / CC BY 2.0

Extreme weather events supercharged by climate change in 2012 led to nearly 1,000 more deaths, more than 20,000 additional hospitalizations, and cost the U.S. healthcare system $10 billion, a new report finds.

Read More Show Less
Giant sequoia trees at Sequoia National Park, California. lucky-photographer / iStock / Getty Images Plus

A Bay Area conservation group struck a deal to buy and to protect the world's largest remaining privately owned sequoia forest for $15.6 million. Now it needs to raise the money, according to CNN.

Read More Show Less
Sponsored
This aerial view shows the Ogasayama Sports Park Ecopa Stadium, one of the venues for 2019 Rugby World Cup. MARTIN BUREAU / AFP / Getty Images

The Rugby World Cup starts Friday in Japan where Pacific Island teams from Samoa, Fiji and Tonga will face off against teams from industrialized nations. However, a new report from a UK-based NGO says that when the teams gather for the opening ceremony on Friday night and listen to the theme song "World In Union," the hypocrisy of climate injustice will take center stage.

Read More Show Less
Vera_Petrunina / iStock / Getty Images Plus

By Wudan Yan

In June, New York Times journalist Andy Newman wrote an article titled, "If seeing the world helps ruin it, should we stay home?" In it, he raised the question of whether or not travel by plane, boat, or car—all of which contribute to climate change, rising sea levels, and melting glaciers—might pose a moral challenge to the responsibility that each of us has to not exacerbate the already catastrophic consequences of climate change. The premise of Newman's piece rests on his assertion that traveling "somewhere far away… is the biggest single action a private citizen can take to worsen climate change."

Read More Show Less
Volunteer caucasian woman giving grain to starving African children. Bartosz Hadyniak / E+ / Getty Images

By Frances Moore Lappé

Food will be scarce, expensive and less nutritious," CNN warns us in its coverage of the UN's new "Climate Change and Land" report. The New York Times announces that "Climate Change Threatens the World's Food Supply."

Read More Show Less
Sponsored
British Airways 757. Jon Osborne / Flickr / CC BY-SA 2.0

By Adam Vaughan

Two-thirds of people in the UK think the amount people fly should be reined in to tackle climate change, polling has found.

Read More Show Less
Climate Week NYC

On Monday, Sept. 23, the Climate Group will kick off its 11th annual Climate Week NYC, a chance for governments, non-profits, businesses, communities and individuals to share possible solutions to the climate crisis while world leaders gather in the city for the UN Climate Action Summit.

Read More Show Less

By Pam Radtke Russell in New Orleans

Local TV weather forecasters have become foot soldiers in the war against climate misinformation. Over the past decade, a growing number of meteorologists and weathercasters have begun addressing the climate crisis either as part of their weather forecasts, or in separate, independent news reports to help their viewers understand what is happening and why it is important.

Read More Show Less