GREENPEACE • April 10, 2021
Our government hands out $15 billion in direct subsidies to the fossil fuel industry every year. And if you include indirect subsidies, which accounts for the unpaid cost of environmental damage caused by fossil fuels, that number swells to $650 billion a year. That’s greater than the total market value of the coal, oil, and gas produced in the US. We're not just paying to keep the fossil fuel industry afloat, we're also paying for the cost of their pollution with our health and well-being. Without subsidies in the way, we can fast-track a just transition to a green energy economy. So let’s make that happen. ~ Annie Leonard, Greenpeace USA