Fossil Fuels Get Too Many Government Handouts. Biden Wants t

Fossil Fuels Get Too Many Government Handouts. Biden Wants to Cut Them off. – Advanced BioFuels USA


by Lili Pike (Vox)  The American Jobs Plan proposes taking away major tax breaks for the fossil fuel industry. — One of the great ironies of climate politics is that America continues to subsidize — to the tune of billions of dollars a year — the very industries that are most responsible for the warming of the
 planet. Biden wants to put an end to that.
His American Jobs Plan, released last week, recognizes that if the US wants to hit decarbonization targets, and
 get climate change under control,
 cutting off government support for fossil fuels is a logical first step. The proposal takes aim at tax preferences, loopholes, and laws that allow fossil fuel companies to dodge costs and avoid cleaning up their pollution.

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