At least five companies, previously fined for pollution violations, received millions of dollars in loans via the Paycheck Protection Program introduced in March. Fossil fuel companies, a diesel engine parts manufacturer, and a nuclear waste management company were among the corporations receiving up to $32 million, after being forced to collectively pay more than $52 million in penalties. Moreover, the U.S. government provided a safety net for the flagging fossil fuel industry through coronavirus relief packages by allowing oil and gas companies to issue nearly $100 billion in bonds through the Federal Reserve’s bond purchasing program.
www.commondreams.org/news/2020/10/04/tens-millions-ppp-loans-went-corporate-polluters-after-companies-were-fined-52