Democrats block bailout for Big Oil in coronavirus stimulus package
SalonAfter more than a week of squabbling over what should go into the third coronavirus relief package, the White House and Senate leaders reached a compromise on Tuesday night. In the days leading up to this near-final bill, much of the debate centered around Democrats' attempts to include certain green provisions, like support for the struggling renewable energy industry, and a requirement that a bailout for airlines be contingent on emission reduction promises. The fight broke down into a sandbox tussle on Monday when Mitch McConnell accused Democrats of delaying relief for hospitals and struggling Americans in their pursuit of the Green New Deal, while Democrats argued that if the government was going to bail out the oil industry by purchasing $3 billion of oil for the Strategic Petroleum Reserve, why not help other hurting energy industries, too? The ideas range from the familiar, like creating green jobs in clean energy, construction, the food system, transportation, and manufacturing, to the creative, like expanding funding for the National Endowment for the Arts to support out-of-work artists and makers. There are layers of proposals within each of the umbrellas I just mentioned, like providing direct funding to transit authorities to help them through the slowdown, changing zoning regulations to promote dense development, providing no-interest loans for local governments to build parks, supporting indigenous farming practices and protecting native seeds, and ending fossil fuel subsidies and directing those funds to help workers transition to new jobs.