02 Apr '12, 2pm

If fossil fuel subsidies were distributed to every American, we’d each get $1,360/year:

If fossil fuel subsidies were distributed to every American, we’d each get $1,360/year:

Every year fossil fuels get six times as much money in subsidies from the U.S. government — i.e. you, the taxpayer — than renewable energy. So as you work on your taxes, ask yourself: “Hey, how much money am I paying every year so that the CEOs of Exxon Mobile and Massey Energy and all the rest can afford to pay lobbyists millions of dollars to keep this shell game going?” The answer, given a U.S. population of around 300 million, is $1,300 for every man woman and child in the country. Here’s an idea: Instead of giving all that money to fossil fuel companies who are currently posting record profits, why not simply send each and every U.S. citizen a check for that amount? To paraphrase Dead Prez, “F**k subsidies — we say reparations. “

Full article: http://grist.org/list/if-fossil-fuel-subsidies-were-distr...

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