#fossil-fuel-subsidies

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#climate-policy #carbon-capture-and-hydrogen #political-spending-and-lobbying #regulatory-rollbacks
US politics
fromTruthout
3 days ago

Subsidies for Fossil Fuel Firms Have Doubled Since 2017, Now $35 Billion a Year

U.S. federal fossil fuel subsidies have more than doubled since 2017 to about $34.8 billion per year and could rise dramatically if carbon-capture and hydrogen supports continue.
US politics
fromWIRED
3 days ago

US Taxpayers Will Pay Billions in New Fossil Fuel Subsidies Thanks to the Big Beautiful Bill

U.S. federal fossil fuel subsidies increased by about $4 billion annually, driven largely by recent legislation and expanded carbon-capture tax credits.
Environment
fromwww.theguardian.com
4 days ago

Fossil-fuel firms receive US subsidies worth $31bn each year, study finds

US fossil-fuel subsidies total nearly $31bn annually, have more than doubled since 2017, yield massive investor returns, and obstruct decarbonization.
Environment
fromwww.theguardian.com
1 week ago

Every company wants to produce the last barrel sold': the plan to create a fossil fuel non-proliferation treaty

A fossil fuel non-proliferation treaty seeks rapid phase-out of oil, gas, and coal to prevent excess production and curb climate-warming emissions.
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