Trade associations in the US and Europe stymied green innovations under the guise of supporting a “technology neutral” approach to avoiding the damage done by burning their fuels.

In 1975, after a global oil crisis, the API opposed an energy saving bill that included refundable income tax credits for heat pumps in homes. “The United States has a large resource base of conventional energy such as oil, gas and coal,” it said. “Expeditious development of these supplies can make a significant contribution not only to improving US energy independence, but to create a healthy economy.”


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