Take Action: Tell your Senator to Support the Oil Company Transparency Bill
Posted by jinn on October 20th, 2009
JINN is supportive of the efforts of the Publish What You Pay U.S. Coalition that helped get a new bill introduced into the the U.S. Senate of the “Energy Security through Transparency Act of 2009,” (ESTT) by Sens. Richard Lugar (R-IN) and Ben Cardin (D-MD). The Act, if passed, would require companies like Chevron and Shell to report how much they pay foreign governments for access to their oil, gas and minerals. This disclosure would apply to all companies that file with the SEC, regardless of where they are based. Most of the world’s extractive industries would be covered by this law, and would set a new international standard for corporate and state behavior. (Note: The ESTT act was formerly introduced as the Energy Transparency Through Disclosure Act).

