The swipe at fiscally agile multinationals which gives this post its title comes from Richard Murphy at a recent event held in Brussels for NGOs, MEPs and other stakeholders to discuss the draft transparency directive issued by the European Commission. The new directive picks up the political momentum created by the US Dodd-Franks legislation passed more »
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At OpenOil we're researching fossil fuel subsidies because we want to join the global debate on how to end them. They will cost about $600 billion this year, are a massive drag on the development of green energy and mostly serve the rich. There really is very little to be said for them.