Democrats Take Aim at Oil Tax Loopholes, Drilling Access

摘要

Democratic presidential candidates are thus far taking positions that clash more than ever with the oil and gas industry’s wish list, particularly by proposing drilling bans and an end to oil industry tax breaks. The anti-oil tone - which goes a few steps further than in past races - indicates that momentum has grown for phasing out fossil fuels in hopes of accelerating a low-carbon economy and fighting climate change as quickly as possible.