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Fossil Fuel Companies Scored Billions in Tax Breaks in 2020 Before Laying off Thousands of Workers

  • EcoWatch faviconEcoWatch

    By Climate NexusApr 2, 2021, 11:17 am258 pts
    photo of Fossil Fuel Companies Scored Billions in Tax Breaks in 2020 Before Laying off Thousands of Workers imageFossil fuel companies got billions in tax breaks and laid off more than 58,000 workers last year, a report from BailoutWatch found. Provisions in the CARES Act passed last March, gave 77 fossil fuel companies $8.2 billion in tax breaks, and their laid off workers a $1,200 stimulus check. Using SEC data, the…
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About EcoTopical

Welcome to EcoTopical Your daily eco-friendly green news aggregator.

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