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US senator warns of fossil fuel coup, economic reckoning

UNITED STATES, JUL 9 – Senator Whitehouse says fossil fuel industry spent at least $445 million to influence elections and weaken environmental policies, calling it a major case of political corruption.

  • During a Capitol Hill interview on July 8, Senator Sheldon Whitehouse described the government as an 'occupying force' of the fossil fuel industry.
  • Following the 2010 Citizens United ruling, oil, coal and gas industries gained unlimited political spending power, fueling a 'coup' that Whitehouse warns has compromised US governance.
  • Climate Power analysis estimates Big Oil spent at least $445 million to support Trump’s 2024 campaign, with Jerome Powell warning climate change will reduce mortgage access in flood-prone areas.
  • Federal Reserve Chair Jerome Powell warns climate change will reduce mortgage access, while Texas floods linked to climate risks cause rising casualties.
  • Senator Sheldon Whitehouse predicts a 'dramatic reset' and global carbon pricing effort involving the EU's mechanism and potential joiners like Britain and Canada.
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US senator warns of fossil fuel coup, economic reckoning

One of the US Senate's leading climate advocates says President Donald Trump's administration no longer governs -- it "occupies" the nation on behalf of Big Oil.

In the White House, oil is king, says a senator Admin FCE 10 Jul 2025 - 05:03 The administration of US President Donald Trump no longer governs, it "holds" the country in the service of the fossil energy industry, ton an influential Democrat senator.Sheldon Whitehouse, one of the most committed American elected on climate issues, sounds alarm bells in an interview about the all-power of the black gold lobby in Washington."It's not even a governm…

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Barron's broke the news in New York, United States on Wednesday, July 9, 2025.
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