How Tax Breaks for Fossil Fuel Companies Inflated Profits for Oil and Gas Drilling ...Middle East

The New Republic - News
How Tax Breaks for Fossil Fuel Companies Inflated Profits for Oil and Gas Drilling
During infrastructure negotiations, Republicans have been eager to frame any and all green spending as a wasteful add-on that picks winners and stifles competition. But the United States already picks winners—and a new report from the Stockholm Environmental Institute, a nonprofit think tank, provides one of the first-ever estimates for just how much these subsidies have been worth to one of the world’s most harmful industries. By boosting projected earnings by billions of dollars a year, government policy has been meddling in supposedly free markets—and driving up emissions—for years. Strikingly, the researchers estimate that these tax breaks are worth billions more to firms than the govern

Hence then, the article about how tax breaks for fossil fuel companies inflated profits for oil and gas drilling was published today ( ) and is available on The New Republic ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( How Tax Breaks for Fossil Fuel Companies Inflated Profits for Oil and Gas Drilling )

Apple Storegoogle play

Last updated :

Also on site :