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

EcoWatch
By Climate NexusApr 2, 2021, 11:17 am248 pts
Fossil 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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