Fossil Fuel Subsidies

In 2017 our government subsidized the fossil fuel industry with 20.5 billion dollars.  The Federal Government spent 14.7 billion and the states contributed the rest.  This was given to a well established and profitable industry.  It is an industry that can do without corporate welfare. Our government should trust in the free market. The free market has proven time and time again to be the most efficient way to allocate our resources.

In the 2015 - 2016 election cycle the fossil fuel industry received an 8200% return on investment from campaign contributions and lobbying efforts.  We should really question whether our legislators are governing for the good of the country or only trying to get more campaign contributions.

We should end government handouts to profitable big businesses.  We cannot let corporate welfare or subsidies be the vehicle that drives us off the fiscal cliff.

 

OCI_US_Fossil_Fuel_Subs_2015_16_categories.jpg