Additionally, taxpayers end up supporting elevated profits for oil and gas companies by subsidizing the fossil fuel industry – meaning that taxpayer dollars are funding the pollution that devastates our climate and the health of our environment and our communities.
These fossil fuel subsidies are propping up an industry linked to an estimated 350,000 deaths each year due to particulate pollution, and trillions in damage each year due to climate change in the United States; burdens that are disproportionately borne by Black, Brown, and Indigenous communities.