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The Progressive

NewsWire

A project of Common Dreams

For Immediate Release
Contact: Erin Jensen,Email:,EJensen@foe.org

G20 Report Highlights Massive Fossil Fuel Giveaways

The U.S. and China released peer-reviewed reports today assessing the scope of fossil fuel subsidies in their respective countries as part of the G20 process to "rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption." The U.S. report mainly highlights tax-based subsidies, but also discusses incentives related to public lands leasing and transportation infrastructure.

WASHINGTON

The U.S. and China released peer-reviewed reports today assessing the scope of fossil fuel subsidies in their respective countries as part of the G20 process to "rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption." The U.S. report mainly highlights tax-based subsidies, but also discusses incentives related to public lands leasing and transportation infrastructure.

Friends of the Earth Climate and Energy Campaigner Lukas Ross issued the following statement in response:

The U.S. report reminds us yet again of the staggering breadth of support for Big Polluters. As Congress continues to obstruct meaningful reform, stopping the flow of polluter cash into our elections is more crucial than ever. Dirty money in our elections and dirty subsidies in our economy go hand in hand.

Friends of the Earth fights for a more healthy and just world. Together we speak truth to power and expose those who endanger the health of people and the planet for corporate profit. We organize to build long-term political power and campaign to change the rules of our economic and political systems that create injustice and destroy nature.

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