Fueling the Fire: Why Any Fossil Fuel Industry Bailout Will be Disastrous for Communities of Color
This report looks at the intersection of pollution from refining and burning fossil fuels, repiratory diseases caused or exacerbated by this pollution, the impacts of the COVID-19 pandemic, and race and racial inequality in the United States. It makes the case that the CARES Act constitutes a bailout of the dirty energy sector that spent more to prop-up the fossil fuel industry than it did on health care supplies and investments, even as this industry contributes to the adverse health outcomes from the COVID-19 pandemic in communities of color. The report’s key findings also link large financial sector players like big banks, asset management companies, private equity and insurance companies to the chain of carbon and chemical emissions that have disproprotionately negative impacts on communities of color and low-income communities.