Biden’s Budget Pledges $36B for Climate, Nearly Doubling Federal Spending On It

Biden’s Budget Pledges $36B for Climate, Nearly Doubling Federal Spending On It

The Biden administration released its detailed budget proposal on Friday and it contained $36 billion in total for climate, a huge increase in climate-related spending. 

Why This Matters:  Biden is making good on campaign promises, and he proposes to pay for it by keeping another promise and ending subsidies to fossil fuels that would have cost billions.

 

Continue Reading 820 words
Fossil Fuel Subsidies Cheat Sheet — Where Are They?

Fossil Fuel Subsidies Cheat Sheet — Where Are They?

In 2019, the Environmental and Energy Study Institute (EESI) published a “Fact Sheet” on fossil fuel subsidies and their societal cost. Agencies could start their search there.  Many of these subsidies have been around for a century, and often the circumstances relevant at the time subsidies were implemented no longer exist.

Continue Reading 228 words

Want the planet in your inbox?

Subscribe to the email that top lawmakers, renowned scientists, and thousands of concerned citizens turn to each morning for the latest environmental news and analysis.