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Articles on Fossil fuel industry

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Texas is the No. 1 wind power producer in the U.S. Greg Smith/Corbis SABA via Getty Images

Who benefits from renewable energy subsidies? In Texas, it’s often fossil fuel companies that are fighting clean energy elsewhere

While Congress considers new renewable energy incentives, Texas’ sprawling wind farms tell a story about renewable energy ownership in the US – and who benefits from subsidies.
More countries are discouraging fossil fuel use, but the industry is still pumping. Leonard Ortiz/MediaNews Group/Orange County Register via Getty Images

Who really owns the oil industry’s future stranded assets? If you own investment funds or expect a pension, it might be you

A study found $1.4 trillion in oil and gas industry assets would be at risk if governments follow through on their pledges to deal with climate change.

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