Apr 2, 2021

US fossil-fuel companies took billions in tax breaks – and then laid off thousands

Posted by in categories: biotech/medical, economics, energy

“Last year’s stimulus was about keeping the economy going, but these companies didn’t use these resources to retain their workers. These are companies that are polluting the environment, increasing the deadliness of the pandemic and letting go of their workers.”

Figures show 77 companies received $8.2bn under tax changes related to Covid relief and yet almost every one let workers go.

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