4 chapters across the catalog
Vice President Kamala Harris pledges $3 billion to the Green Climate Fund and outlines plans to reduce U.S. methane emissions. The discussion critiques the administration's stance on oil depletion allowances and the potential impact of these policies on domestic energy prices.
The term "oil subsidy" is often used by climate activists to describe what was historically known as the "Oil Depletion Allowance." These are essentially tax credits or production credits for domestic energy production, similar to credits available to other American industries. Critics argue the language has been intentionally shifted to make standard business tax treatments appear like direct government handouts.
Energy Subsidies, Mika Brzezinski, Big Oil Influence
During an interview on "Morning Joe," Mika Brzezinski questioned Gregory Jaczko on whether writing off nuclear power is "depressing" for those seeking alternatives to fossil fuels. Jaczko responded by calling for the market to decide, though he also suggested making gas more expensive to favor renewables. The hosts speculate that Jaczko's anti-nuclear position may be covertly supported by "Big Oil" interests.
Barack Obama, Big Oil Tax Subsidy Rhetoric
President Barack Obama delivered a speech in the Rose Garden urging Congress to repeal tax subsidies for major oil companies. The hosts analyze the rhetoric, questioning the President's definition of "subsidies" and his claim that high gas prices are linked to these specific tax provisions.
