Fossil-fuel firms in line for billions in benefits after answering… | HappeningNow.news

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

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…

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A Senate‑commissioned report finds the fossil‑fuel sector secured roughly $190 billion in tax breaks and subsidies for the next ten years after answering former President Donald Trump’s pre‑election appeal for large campaign donations. The analysis says these benefits will shift costs onto American taxpayers, who will face higher utility bills and increased public‑health expenses linked to pollution.

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