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The hearing shined a critical spotlight on the need to eliminate fossil fuel subsidies and the on-the-ground impacts of these giveaways. On Earth Day, Representative Rho Khanna (D-CA) chaired a hearing of the Environment subcommittee of the House Committee on Oversight and Reform on the role of fossil fuel subsidies in preventing action on the climate crisis. At the same time, we are seeing decisionmakers pushing to do away with having our hard-earned taxpayer dollars go to boost fossil fuel industry profits.Īnd we’re seeing a drumbeat of momentum from decision-makers. Public support is growing around the urgency to shift to clean energy and stop the use of fossil fuels to protect our communities, natural areas and climate. Loopholes in the tax code, below-market public land and ocean leasing rates, support for fossil fuel development projects and many other giveaways amount to at least $15 billion a year in giveaways to these companies. Yet, our government and others around the world continue to use taxpayer money and government resources to support the fossil fuel industry, helping it harm us. We know that to stop global warming and protect communities and nature, we must stop burning fossil fuels. There’s no time like the present to put an end to this misguided practice. It’s a public policy embarrassment that this country continues to enable and enrich polluters at the expense of all of us, especially in a climate crisis. Hearings such as the one hosted May 19 by the House Natural Resources Subcommittee on Oversight and Investigations are illustrating how irresponsible it is-fiscally and environmentally-to continue to subsidize and provide loopholes to the fossil fuel industry when clean energy is the better investment for our families and our future. Momentum is growing in Congress and among the public to eliminate government giveaways to the fossil fuel industry.