The USA is the world’s top producer of natural gas and the third largest producer of oil. According to oil lobbyists, the total value of the oil and gas industry to the US economy is close to 8% of GDP. Other natural resources include coal, copper, lead, zinc, gold and iron. As well as being resource-rich itself, the US is a major player in the global extractive market. The US stock exchange alone represents almost half of the global value of companies. 8 out of 10 of the largest mining companies and 29 of the 32 largest internationally active oil companies are listed in the US.
Sources: CIA World Factbook, RWI
The USA coalition was launched in 2004. Due to the USA’s importance in the global extractive market, many of the coalition’s efforts have been focussed on advocating for changes to stock exchange rules. These efforts culminated in the passage of the Cardin-Lugar provision in the Dodd-Frank Act of July 2010, which obliges all US listed companies to publish what they pay in the countries in which they operate.
Advocacy efforts have also focussed on EITI. PWYP USA has strongly pushed for the US government to join EITI, as well as over the years encouraging it to enhance its role as supporter. As a resource-rich country the US would strongly benefit from joining EITI and the adhesion of another G20 country would enhance the initiative’s credibility and global character.
Contact
Isabel Munilla
Director
Publish What You Pay United States
Office: +1 202 525 2754
Mobile: +1 202 680 4606
Last Update 20.09.2011
On 20 September 2011 President Obama announced at the launch of the Open Government Partnership in New York that the United States would join EITI. Find out more
Although the Cardin-Lugar amendment was signed into law in July 2010, the SEC has to release the rules governing the provision before it can come into effect. PWYP USA has spent much of the last year lobbying hard and coordinating civil society organisations to ensure that the rules are not weakened. You can view their contributions to the SEC’s consultation process here.
Representatives of PWYP USA have also participated in several global events (such as the EITI Global conference in March and the PWYP Africa Regional meeting in May) explaining the mechanics of Dodd-Frank 1504 and how it will be helpful to campaigners at the national level in other countries .
On 28 April 2010 the US Senate Foreign Relations Committee approved the Foreign Relations Authorization Act, which included policy language on extractive industry transparency that parallels parts of the ESTT. The proposed Act calls on the US President to work with foreign governments, including members of the G8 and the G20, to establish domestic requirements obliging companies under the jurisdiction of each government to publicly disclose any payments made to a government relating to the commercial development of oil, natural gas, and minerals. In addition, the United States Government should commit to global leadership of transparency in the extractive industries through, amongst other things, US implementation of EITI.
In April 2010, several members of the PWYP coalition – Oxfam America, Revenue Watch Institute – testified at a Helsinki Commission hearing “The Link Between Revenue Transparency and Human Rights”. In their hearing testimonies, PWYP US coalition members called on the US government to pass the ESTT and provide support to measures to protect human rights so that civil society groups can take action on revenue transparency. PWYP facilitated the participation of Arlan, an NGO partner from Kazakhstan, who called for the passing of ESTT to help address corruption and human rights abuses in Kazakhstan. This was echoed by ESTT co-sponsor and Helsinki Chairman Senator Ben Cardin, who signaled that the passing of ESTT was a critical contribution to helping create an environment where human rights advocates can begin to hold their governments accountable.
ActionAid International USA
Bank Information Center
CARE USA
Catholic Relief Services
CorpWatch
Crude Accountability
EarthRights International
EARTHWORKS
EG Justice
Environmental Defense
Friends of the Earth
Gender Action
Global Financial Integrity
Global Rights
Global Witness
Globalization Challenge Initiative
Government Accountability Project
Human Rights Watch
International Budget Project
International Labor Rights Forum
Justice in Nigeria Now!
Missionary Society of St. Columban
ONE Campaign
Open Society Policy Center
Oxfam America
Pacific Environment
Presbyterian Church U.S.A.
Revenue Watch Institute
Robert F. Kennedy Center for Human Rights
Sierra Club
Sustainable Energy & Economy Network
United Steel Workers