#climate-change activists criticized the potential deal, calling it “terrible.”
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I got an internal report & audio of top lobbyists & @MorganStanley Bank plotting a federal bailout for Big Oil.
The game plan?
Get Dems on board by giving back tax incentives for renewable energy.
Details in my exclusive report for @TYTInvestigates:https://tyt.com/stories/4vZLCHuQrYE4uKagy0oyMA/W4S5k0pbFCeeVR6VqHnvW …
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On the other end of the call were North American oil and gas analysts and a strategist from
#MorganStanley. The $80 billion investment bank has billions invested in fossil fuels and was the top broker of oil industry mergers and acquisitions in 2018 -- $49 billion worth.Show this thread
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Dems would love this
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Yet we are unable to get legislation for unemployed workers and small businesses to receive regular paychecks just to survive
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The Dems would never let the Republicans play them like that! (Yes, that's a joke.)
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Anything new here?
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The report describes&links to audio of an April 22 conference call between Morgan Stanley and Akin Gump, one of the top lobbying firms in Washington. Akin Gump’s team consisted of a lawyer&four lobbyists, 2 of them former members of Congress, other 2 former Republican staffers.
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#AkinGump represents numerous oil and gas interests, lobbying-disclosure forms show. In the first quarter of this year, Akin Gump lobbyists received $100,000 from two of the biggest oil companies in the world:#ExxonMobil and#Chevron.Show this threadThanks. Twitter will use this to make your timeline better. UndoUndo
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During the call, Akin Gump lobbyists laid out what reads like a behind-the-scenes game plan for the fossil fuel industry to pursue in Congress. Morgan Stanley’s internal report summarized a number of paths for “potential…financial support for the [fossil fuel] industry,”
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referring to “a likelihood” that Congress would authorize a bailout in the form of purchasing oil for the government’s Strategic Petroleum Reserve (SPR).
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End of conversation
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