Fossil fuel subsidies. We actually had selfreview, Peer Review where we submitted a report in 2016 acknowledging that these Fossil Fuel subsidies exist. So the argument that the Fossil Fuel subsidies dont exist is simply factually false. Its a lie. Its a misrepresentation. Its a contradiction of what our own united States Government has represented to the world. We need to be very specific about what these Fossil Fuel subsidies are and Todays Hearing will make it clear that many in the environmental movement and in congress stand absolutely committed that these subsidies must be eliminated in the next infrastructure package. And there are five specific ones that we will detail that must be eliminated and we want to hear from our experts about why thats the case and what else can be done. Now, lets just get some basic facts on the table. In 2020, the Fossil Fuel industry spent over 250 million in political contributions and federal lobbying. In return, the Fossil Fuel companies received
For 5 49 eastern from nasas kennedy Space Center in florida. Well bring you the postlaunch News Conference set for 7 00 a. M. Eastern. Thats on C Span 2, on loin at cspan. Org or listen on the free cspan radio app. As part of Earth Day, climate actist Greta Thunberg testified before a senate panel. Speak big Video Conference from stockholm she urged law mashes to do more to end Fossil Fuel subsidies. Without objection, the chair is authorized to call recess at any time. I now recognize myself. Good morning. I want to recognize our Ranking Member, Ralph Northham and our Vice Chair, Rashida Tlaib and thank the members and witnesses for participating. This is a historic hearing. Mr. Khanna this is the first time the united States Congress is an elimination of Fossil Fuel subsidies. These subsidies have been on our boob for over 100 years. They have been giveaways to the Fossil Fuel industry embedded in our tax bill. In 2009, the United States committed with other g7 cubries to eliminate t
And an ohio resident. This is two hours. Without objection, the chair is authorized to call recess at any time. I now recognize myself. Good morning. I want to recognize our Ranking Member, Ralph Northham and our Vice Chair, Rashida Tlaib and thank the members and witnesses for participating. This is a historic hearing. Mr. Khanna this is the first time the united States Congress is an elimination of Fossil Fuel subsidies. These subsidies have been on our boob for over 100 years. They have been giveaways to the Fossil Fuel industry embedded in our tax bill. In 2009, the United States committed with other g7 cubries to eliminate these Fossil Fuel subsidies. We actually had selfreview, peer review, where we submitted a report in 2016 acknowledging these Fossil Fuel subsidies exist. So the argument that the Fossil Fuel subsidies done exist is simply factually false. Its a lie. Its a misrepresentation. Its a contradiction of what our own united States Government has represented to the worl