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

A roller coaster on the Jersey Shore flooded after Hurricane Sandy. Photo credit: Hurricane_Sandy_New_Jersey_Pier.jpg: Master Sgt. Mark C. Olsen / U.S. Air Force / New Jersey National Guard / CC BY 2.0

New Jersey will be the first state in the U.S. to require builders to take the climate crisis into consideration before seeking permission for a project.

Read More
The Director of the Chinese Center for Disease Control and Prevention, Gao Fu speaks on Jan. 26 during a press briefing on studying the 2019-nCoV coronavirus and developing a vaccine to prevent it. Roman Balandin / TASS / Getty Images

Editor's note: The coronavirus that started in Wuhan has sickened more than 4,000 people and killed at least 100 in China as of Jan. 27, 2020. Thailand and Hong Kong each have reported eight confirmed cases, and five people in the U.S. have been diagnosed with the illness. People are hoping for a vaccine to slow the spread of the disease.

Read More
Sponsored
Healthline ranks Samoas, seen above, as the 11th healthiest Girl Scout Cookie. brian / Flickr / CC BY-ND 2.0

By Nancy Schimelpfening

  • Nutrition experts say healthy eating is about making good choices most of the time.
  • Treats like cookies can be eaten in moderation.
  • Information like total calories, saturated fat, and added sugars can be used to compare which foods are relatively healthier.
  • However, it's also important to savor and enjoy what you're eating so you don't feel deprived.

Yes, we know. Cookies aren't considered a "healthy" food by any stretch of the imagination.

Read More
Actress Jane Fonda is arrested during the "Fire Drill Friday" Climate Change Protest on Oct. 25, 2019 in Washington, DC. John Lamparski / Getty Images

When you see an actor in handcuffs, they're usually filming a movie. But when Jane Fonda, Ted Danson, Sally Field, and other celebrities were arrested in Washington, D.C., last fall, the only cameras rolling were from the news media.

Read More
A solitary Dungeness crab sits in the foreground, at low tide on an overcast day. The crabs' shells are dissolving because of ocean acidification on the West Coast. Claudia_Kuenkel / iStock / Getty Images

As the Pacific Ocean becomes more acidic, Dungeness crabs, which live in coastal areas, are seeing their shells eaten away, according to a new study commissioned by the National Oceanic and Atmospheric Administration (NOAA).

Read More