Story thread · 2 reports / 2 sources

Fossil-fuel firms in line for billions in benefits after answering Trump’s donation call

theguardian.com · 3h · first reportShare

Senators’ report says taxpayers face higher bills after ‘bargain’ between president and major polluters The fossil fuel industry secured an estimated $190bn in tax breaks and subsidies over the next decade after responding to Donald Trump’s pre-election call for major campaign donations, leaving American taxpayers to shoulder higher bills and public health costs associated with pollution, according to a new report. Released on Thursday by Senator Sheldon Whitehouse, ranking member of the Senate environment and public works committee, and Senate Democratic leader Chuck Schumer, the report details what the senators describe as the fossil fuel industry’s expansive influence over the Trump administration. Continue reading...