Right on the heels of Obama’s approval for oil companies to drill in the Arctic, vigilant news site the Guardian releases a disturbing report, stating that fossil fuel companies are receiving “huge and rising subsidies from US taxpayers.”
The Guardian investigated three projects run separately by Shell, ExxonMobil and Marathon Petroleum.These investigations revealed that the subsidies were all “granted by politicians who received significant campaign contributions from the fossil fuel industry.”
Here are the most shocking numbers from the Guardian’s investigation:
- $1.6 BILLION: That’s how much in state subsidy a proposed Shell refinery in Pennsylvania will be receiving.
- $119 MILLION: That’s how much in state subsidy an ExxonMobil refinery in Baton Rouge, Louisiana, will be receiving.
- $78 MILLION: That’s how much Marathon Petroleum is benefitting from a job subsidy scheme in Ohio.
How was the Guardian able to disseminate this information?They used a subsidy tracker tool created by the Good Jobs First group.
Keep track of your earnings, vigilant readers.Do you know what our government is spending it on?
-The Off The Grid Team
The views and opinions expressed herein are those of the authors alone and do not necessarily reflect the views of Ora Media, LLC its affiliates, or its employees.
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