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Government Subsidizes Fossil Fuel Industry With $20+ Billion in Taxpayer Money Each Year

2014-07-09 22:58:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Oil Change International released a comprehensive report today on fossil fuel exploration and production subsidies in the U.S.--Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies Under Obama--which demonstrates that at a time when we need urgent action on climate change, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas and coal. These federal and state subsidies totaled $21.6 billion in 2013. Subsidies that...

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