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.

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…