It's time for Big Oil to clean up their mess
The days of Big Oil companies escaping responsibility must come to an end.
With the climate emergency, we must take every step possible to hold Big Oil accountable. Currently, there is a special tax loophole for oil companies that import or produce tar sands oil, a form of crude oil. Unlike for other types of oil, oil from tar sands are exempt from the taxes used to pay for cleaning up oil spills.
That needs to change.
Last week, I introduced legislation in the House, alongside Senators Ed Markey, Bernie Sanders, and Elizabeth Warren in the Senate, that would hold tar sand pipelines, such as the Keystone XL pipeline, accountable for their mess by closing a tax loophole for tar sands oil companies.
This is only a small step, and we must do more. Earlier this Congress, I introduced a resolution with Senator Sanders and Congresswoman Ocasio-Cortez to declare the climate crisis an emergency. We need to continue taking bold action to treat it as such.
We face major challenges as a result of the climate emergency, and it's getting worse. I'm fighting in Congress to hold Big Oil companies accountable not just for oil spills, but also for the central role they've played in causing this crisis. I'm going to keep pushing bold action ideas to put us back on track toward a sustainable future.