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politics @lemmy.worldEnglish · 2 months ago

US Taxpayers Will Pay Billions in New Fossil Fuel Subsidies Thanks to the Big Beautiful Bill

cross-posted to:
climate@slrpnk.net

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US Taxpayers Will Pay Billions in New Fossil Fuel Subsidies Thanks to the Big Beautiful Bill

silence7@slrpnk.net to

politics @lemmy.worldEnglish · 2 months ago

cross-posted to:
climate@slrpnk.net

A report finds that President Trump’s flagship legislation will grant $40 billion in new subsidies to the oil and gas industry over the next decade.

Archived copy of the article

This hurts the US, but it benefits the oil executives who paid a billion dollar bribe

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2 months ago

The US has been subsidizing fossil fuel production for more than a century

This country is run by idiots. You’re supposed to tax fossil fuels out of existence, not subsidize them…
- Xed@lemmy.blahaj.zone
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  They want to destroy the planet as soon as they possibly can just for the sake of greed

politics @lemmy.world

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