Subsidizing Earth’s Demise: US Taxpayers Forced to Prop Up Dirty Energy Industry
In the midst of a hurricane season that shows just how expensive inaction on climate change can be, two new reports highlight how massive taxpayer-funded subsidies for fossil fuel companies are propping up an industry that refuses to take responsibility for the destructive and costly chaos it has played an enormous role in creating. A recent analysis found that damage from extreme weather intensified by climate change and the health impacts from using gas, oil, and coal have cost the U.S. economy an annual average of $240 billion in… Read more…