Leaked audio exposes a potential upcoming big oil bailout. John Iadarola and Ti-Hua Chang break it down on The Damage Report. Follow The Damage Report on Facebook: [ Ссылка ]

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"Wall Street and some top oil and gas lobbyists expect a fossil fuel bailout in the next coronavirus stimulus package as part of a tradeoff in which renewable energy companies get tax credits, according to an internal Morgan Stanley report obtained by The Young Turks.
Climate-change activists criticized the potential deal, calling it “terrible.”

The report describes and 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 and four lobbyists, two of them former members of Congress, the other two former Republican staffers.

Akin Gump 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.

On the other end of the call were North American oil and gas analysts and a strategist from Morgan Stanley. 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."

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