by Jorge Aguilar
The crises of the past few years have done a number on our economy. From rising rent, to climbing grocery bills; from a deadly pandemic to climate-fueled natural disasters.
Recently, our elected officials have passed two major legislation packages that aim to bring relief to workers and families. These packages have also been touted as environmental wins that will help us fight and adapt to climate change. But they also came with major gifts to Big Oil.
These gifts are endangering our chances for a livable future. And while everyday people struggle to pay their bills, our taxpayer money is headed for Big Oil’s already overflowing pockets.
In one of the greatest heists of our climate crisis, the companies responsible for the crisis are raking in billions of our taxpayer dollars. And much of that money is being poached through the industry’s latest scam — carbon capture and storage.
Carbon Capture Flushes Our Money Down An Oil Well
Carbon capture refers to pie-in-the-sky greenwashing technologies meant to remove carbon pollution from smokestacks or the atmosphere. And Big Oil is all for it, because it means they can go about business as usual — polluting and plundering, just with a shiny new toy attached.
In fact, the corporations responsible for the climate crisis stand to profit from many of the carbon capture projects planned. Thanks to all the recent hype, ExxonMobil announced it expects the carbon…
