In 2010, the US passed the Dodd-Frank Act which contained a ground breaking provision for transparency. Section 1504 of the Act – also known as the Cardin-Lugar amendment- obliges oil, gas and mining companies to publish what they pay to each country where they operate. But this law, which would help lift millions out of poverty, finds itself under threat as oil, gas and mining companies lobby hard against it and have even threatened to sue the SEC if it publishes strong rules for the provision.
Oil companies including Chevron, Exxon and ConocoPhillips have threatened to sue the SEC to stop strong transparency rules being passed. With enough outcry we can stop this. Sign Oxfam America’s petition now
Tell the SEC to approve the final rules for the crucial Cardin-Lugar amendment, with no exemptions and no loopholes. Sign ONE’s petition now.