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Do oil companies really need $4 billion per year of taxpayers' money?

2016-08-07 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: What would happen if the federal government ended its subsidies to companies that drill for oil and gas? The American oil and gas industry has argued that such a move would leave the United States more dependent on foreign energy. Many environmental activists counter that ending subsidies could move the United States toward a future free of fossil fuels helping it curtail its emissions of heat-trapping carbon dioxide into the atmosphere. Chances are, it wouldnt do much of either. In...

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