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The true cost of fossil fuel subsidies

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The true cost of fossil fuel subsidies

Fossil fuel producers receive $62 billion in "indirect subsidies" per year, a new study finds. But the cost of providing those subsidies is far, far greater.

Emily Atkin
Apr 6, 2021
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The true cost of fossil fuel subsidies

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President Joe Biden speaks about the March jobs report in the State Dining Room of the White House in Washington, D.C., on April 2, 2021. Photo by MANDEL NGAN/AFP via Getty Images.

Last week, President Joe Biden unveiled The American Jobs Plan: a $2 trillion jobs and infrastructure plan that, if signed into law, would double as one of the largest federal…

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