Friday, May 15, 2015

U.S. Taxpayers Subsidizing World's Biggest Fossil Fuel Companies | Alternet

U.S. Taxpayers Subsidizing World's Biggest Fossil Fuel Companies | Alternet

"Sanders, with representative Keith Ellison, recently proposed an End Polluter Welfare Act, which they say would cut $135bn of US subsidies for fossil fuel companies over the next decade. “Between 2010 and 2014, the oil, coal, gas, utility, and natural resource extraction industries spent $1.8bn on lobbying, much of it in defense of these giveaways,” according to Sanders and Ellison"