From U.S. PIRG :
While we are trying to reduce emissions through new investments in climate-friendly technology, we must end subsidies for fossil fuels. Instead of working against the solution, we can use the $20 billion in fossil fuel subsidies to pay for the clean energy investments outlined in the reconciliation bill. Furthermore, Green Scissors , a coalition dedicated to cutting wasteful and environmentally harmful spending, has proposed a multitude of tax cuts and reforms that will save up to $300 billion over the next ten years. In the energy sector alone, the Green Scissors cuts would save a projected $114 billion.
- “U.S. PIRG”: https://uspirg.org/blogs/blog/usp/it%E2%80%99s-time-end-wasteful-fossil-fuel-subsidies
- “Green Scissors”: https://uspirg.org/feature/usp/green-scissors