The petition reads:
I'm adding my name to the list of Americans behind the End Polluter Welfare Act, which will stop the government subsidies to the fossil fuel industry. They don't deserve $113 billion more of our money over the next decade.Complete the following to sign. (You'll also receive periodic updates on activism opportunities from The Other 98%.)
Over 10 billion dollars a year. Over 110 billion dollars a decade.
That’s how much we give, as taxpayers, to the Big Oil companies – we literally just give over $110 billion per decade in taxpayer funds away as corporate welfare subsidies, at a time of unemployment crisis and climate chaos. $113 billion of tax-breaks, handouts, and subsidies for the fossil fuel industry over the next 10 years. WTF!?
Thankfully, a new piece of legislation that would repeal the giveaway has been introduced by Senator Bernie Sanders and Rep. Keith Ellison – and a left-right coalition is joining together to give it steam. The bill would strip away these outrageous subsidies. As you can imagine, the fossil fuel industry is going to fight back hard, so we need to come out as strong as possible and say: We Stand With Bernie.
Not only is fossil fuel the richest industry on earth, but any of us who pay taxes write it a hefty check each year. It’s as if we’re paying them a performance bonus for wrecking the climate. We’ll never get to renewable energy if we keep handing gobs of money to Big Oil, Coal and Gas.
It’s time to take a stand, and stop giving away our money on the welfare of Big Oil companies that are already raking in record-breaking profits. Join us.