Oil Change International FOR IMMEDIATE RELEASE WASHINGTON, DC — In response, released the following statement: “For decades, the fossil fuel industry has benefited from government-backed financing and fiscal support at the expense of communities and the environment. Today, with the stroke of a pen from President Biden, that begins to change. “Not only has President Biden instructed federal agencies to identify and remove domestic fossil fuel subsidies wherever they are able to, he has also instructed the relevant departments and agencies to use the diplomatic weight of the United States to end international public finance for fossil fuels as well. This would be a huge boost to climate action globally. The administration must now invest serious effort and diplomatic capacity to secure this shift in international finance away from oil, gas, and coal.