Report: Trump’s “Energy Dominance” Plans Rely on Billions in Fossil Fuel Subsidies

October 3, 2017By Janet RedmanFeatured, News, Press Releases 1 Comment

A new report out today reveals that U.S. taxpayers continue to foot the bill for more than $20 billion in fossil fuel subsidies each year. These subsidies amount to billions of dollars wasted to prop up an industry responsible for a climate crisis that has contributed to lives lost and hundreds of billions in damages this hurricane season alone.

Dirty Energy Dominance: Dependent on Denial – How the U.S. Fossil Fuel Industry Depends on Subsidies and Climate Denial

October 3, 2017By Janet RedmanBriefings, Featured, News, Reports 8 Comments

A new report by Oil Change International reveals that U.S. taxpayers continue to foot the bill for more than $20 billion in fossil fuel subsidies each year. Every dollar spent subsidizing this industry takes us further away from achieving internationally agreed emissions goals, and maintaining a stable climate.

Talk is Cheap: How G20 Governments are Financing Climate Disaster

July 5, 2017By Alex DoukasBlog Post, Briefings, Featured, Reports, Resources 14 Comments

Each year, G20 countries provide nearly four times more public finance to fossil fuels than to clean energy. In total, public fossil fuel financing from G20 countries averaged some $71.8 billion per year, for a total of $215.3 billion in sweetheart deals for oil, gas, and coal over the 2013-2015 timeframe covered by the report. Fifty percent of all G20 public finance for energy supported oil and gas production alone.