YES Omar and Sanders!!! Trying again to get something through Congress. End Polluter Welfare Act (Text of the bill at: https://omar.house.gov/sites/omar.house.gov/files/Bill%20Text%20-%20EPWA.pdf)
“It is outrageous that the federal government has exploited a pandemic to throw even more public money at the industry that created and profited from the climate crisis,” said Jiang. “A bill to end giveaways for the fossil fuel industry—which is saddled with debt and recklessly polluting Black, Brown, and Indigenous communities—is long overdue. It’s time to shift our investments to protect people on the frontlines of the climate crisis and support fossil fuel workers in the transition to a world beyond fossil fuels.”
“Conservative estimates put U.S. direct subsidies to the fossil fuel industry at roughly $20 billion per year; with 20 percent currently allocated to coal and 80 percent to natural gas and crude oil. European Union subsidies are estimated to total 55 billion euros annually.Jul 29, 2019” EESI Study (https://www.eesi.org/papers/view/fact-sheet-fossil-fuel-subsidies-a-closer-look-at-tax-breaks-and-societal-costs)
Additional info at: https://www.forbes.com/sites/jamesellsmoor/2019/06/15/united-states-spend-ten-times-more-on-fossil-fuel-subsidies-than-education/#4a06bb9c4473 and https://blogs.scientificamerican.com/observations/fossil-fuel-subsidies-must-end/
More info on the act itself: https://www.sanders.senate.gov/imo/media/doc/EPW_Act_fact_sheet.pdf
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