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Sierra Club and 500+ Groups Call on Congress to Eliminate Fossil Fuel Subsidies
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Letter: 500+ Groups Urge U S Congress to End Fossil Fuel Subsidies
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WASHINGTON, DC Local and national organizations across the country are coming together for the virtual
Rally to End Polluter Welfare because it’s time for Congress to fund our futures instead of fossil fuels. Zero Hour and our partners are calling on Congress to make eliminating fossil fuels a top priority to carry out President Biden’s Made in America Tax Plan.
Confirmed speakers for the rally include Congressman Ro Khanna, Zanagee Artis of Zero Hour, Natalie Mebane of 350.org, Jane Kleeb of Bold Alliance and the Nebraska Democratic Party, and Kevin Patel of One Up Action International
The rally is being hosted by Zero Hour and is cosponsored by the following organizations:
(Office of Rep. Ilhan Omar (D-Minn.)) Rep. Ilhan Omar (D-Minn.) and Sen. Bernie Sanders (I-Vt.) together with Sen. Merkley (D-Ore.), Sen. Markey (D- Mass.) and Rep. Barragan (D-Calif.) introduced legislation to close tax loopholes and eliminate other federal subsidies for the oil, gas, and coal industries.
Right now, American taxpayers are on the hook for about $15 billion in direct federal subsidies to the fossil fuel industry. In 2019 alone, the oil, gas, and coal companies that receive these handouts spent $190 million lobbying Congress – for an over 11,000 percent return on investment. At a time when climate change is already causing devastating harm around the world, it makes no sense for Congress to continue giving away taxpayer money to the hugely profitable and highly polluting fossil fuel industry.
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