Washington, DC — In response to reports that the Trump administration is pushing to bail out fossil fuel companies in the midst of the Coronavirus outbreak and subsequent oil crash, 350.org is doubling down on its demands to halt fossil fuel finance and bail-outs, hold fossil fuel companies accountable, and build real community-led solutions to the climate crisis.
In response, Tamara Toles O’Laughlin, 350.org North America Director, said:
“Instead of bailing out fossil fuel billionaires, we need to make them pay for their destructive business models and invest in care and repair. 45’s climate-denying administration is blatantly favoring climate crisis profiteers, instead of supporting workers and the most vulnerable people across America.
“If we learned anything from the 2008 financial crash and bank bail-out, it’s that propping up the already-wealthy only compounds harms on ordinary people. There is already a plan to justly and swiftly transform our economy: it’s called the Green New Deal.
“In the midst of a global viral outbreak, it is essential that governments at all levels direct resources and efforts to control the epidemic, and ensure free and accessible healthcare to the people most affected. While right-wing governments stoke hate, fear and inequity, we are uniting across our differences to build community-led solutions towards a fairer economic model that prioritizes our health and safety.”
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Contact: Lindsay Meiman, [email protected], +1 (347) 460-9082