Sunday, March 7News That Matters

Tag: biggest

Oil’s finest lobbying community killed carbon costs. Now it supports them?

Oil’s finest lobbying community killed carbon costs. Now it supports them?

Latest
Twelve years within the past, the American Petroleum Institute ran an ad within the print version of the Washington Post. “For these that love $4 gasoline,” it read, “you’ll address the Dwelling Local weather Invoice.” This became all the contrivance thru President Barack Obama’s first interval of time, when a gallon of gasoline price barely $2.70, and API — a coalition of over 600 companies and the oil and gasoline industry’s high foyer community — became combating against the Waxman-Markey Act, landmark laws to place a brand on carbon emissions all around the nation. The invoice wouldn’t exact hit American citizens filling up on the pump, the community claimed, it will assassinate thousands and thousands of exact-paying jobs and spoil the burgeoning fracking industry. API even he...