Democrat trying to tax 'Big Oil' fundraises alongside consultant for fossil fuel companies

  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

.SenatorBaldwin, Climate Solutions Caucus member, has vowed to 'hold Big Oil accountable,' but is fundraising alongside a campaign donor who has consulted for companies majorly reliant on fossil fuels, records show.

A Democratic senator who has vowed to"hold Big Oil accountable" through increased taxes is fundraising alongside a campaign donor who has consulted for companies majorly reliant on fossil fuels, records show.

The Big Oil Windfall Profits Tax Act, which Baldwin co-sponsored along with 16 other Democrats following its introduction by Sen. Sheldon Whitehouse , would make large oil companies pay a pre-barrel quarterly tax equivalent to 50%"of the difference between the current price of a barrel of oil and the pre-pandemic average price per barrel between 2015 and 2019," according to a press release.

While working for Noble Energy, Hlavinka"oversaw the construction and commissioning of Noble Energy’s Alen project," according to his LinkedIn page. The project produced gas flow in Africa by 2021 in partnership with other entities, including GEPetrol, an African-based oil company run by the government in Equatorial Guinea, according to multiple reports.

"The hypocrisy and demagoguery of this is amazing," Daniel Kish, senior policy vice president for the Institute for Energy Research, a pro-fossil-fuels group, told the Washington Examiner."Everything Tammy Baldwin has been doing in her career has been making it harder to produce oil, making prices go up."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

SenatorBaldwin Listen up and be informed major oil companies are spending billions on buying back their own stocks when it's at all time high ' and the amount is 30 billion dollars ' so why haven't you scheduled a meeting with they directly '

SenatorBaldwin Big oil accountable for what? For creating prosperity and more wealth for western civilization than anything else man has ever discovered or developed? Yeah, go with that

SenatorBaldwin So what? She can 'hold Big Oil accountable' while working with people who have consulted for those companies.

SenatorBaldwin Climate fear is just another scam purported by a corrupt government

SenatorBaldwin Biden continues his unscientific c19 vaccine mandates to legally visit or emigrate the USA. America is woefully behind the rest of the world with this backwards, nonsensical policy. Entry: Healthy but unvaxxed 🚫 Covid positive but vaxxed ✅ How Embarrassing for the US HR185

SenatorBaldwin 'Give me your money while I tell the unwashed what they want to hear, even though I really don't mean it, promise.'

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines