Despite the clear need to move away from a fossil fuel-based energy system, U.S. taxpayers continue to line the pockets of oil, gas, and coal companies with subsidies and tax giveaways projected to cost more than $135 billion over the next decade.
Hopefully, this is a symbolic first shot across the quite large bow of the Fossil Fuels Mafia. Unfortunately, the corporate welfare this bill calls for cutting is institutionalized to the point of ossification.
PLEASE, end fossil fuel subsidies!! Just because our economy is inextricably reliant on fossil fuel is absolutely no reason subsidize the fossil fuel industry particularly if you beleive in a free market. Um, yo, conservatives, what was that that you said about free-markets?
This is one of the things JFK told Walter Cronkite he was going to end in an interview in the Rose Garden in September.
* In November, he was dead.