American Fossil Fuel Giants Set for a Coronavirus Bailout Bonanza

The Guardian

At least 90 U.S. fossil fuel companies, including giants suchs as Exxon and Chevron, alongside more than 150 utilities, are set for a potential bonanza under a federal bond bailout, The Guardian reports. The buyback scheme is expected to be worth at least $750 billion and is part of the rescue package for the coronavirus crisis.

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