I signed this, along with my comment that we assist the oil corporations to rid themselves of their dependency on Greed.
Carl Jarvis
Over 10 billion dollars. A year. Over 110 billion dollars. A decade.
That's approximately how much we give, as taxpayers, to the Big Oil companies – we literally just give over $110 billion per decade in taxpayer funds away as corporate welfare subsidies, at a time of unemployment crisis and climate chaos. $113 billion of tax-breaks, handouts, and subsidies for the fossil fuel industry over the next 10 years. This isn't just unsustainable - it's unacceptable, and it has to end.
Thankfully, a new piece of legislation that would repeal the giveaway has been introduced by Senator Bernie Sanders and Rep. Keith Ellison – and a left-right coalition is joining together to give it steam. The bill would strip away these outrageous subsidies. As you can imagine, the fossil fuel industry is going to fight back hard, so we need to come out as strong as possible and say: We stand with Bernie.
Not only is fossil fuel the richest industry on earth, but any of us who pay taxes write it a hefty check each year. It's as if we're paying them a performance bonus for wrecking the climate. We'll never get to renewable energy if we keep handing gobs of money to Big Oil, Coal and Gas.
Thank you for all you do to make this movement real.
Sincerely,
The Other 98% Team
The Other 98% is making democracy work for the rest of us. Like what we do? You can donate to support this movement right now.
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