Every year, the oil industry receives $20 billion in Federal subsidies which pollute the air, destroy the climate, and harm communities, while enriching corporations that have knowingly caused the climate crisis. That’s $2 million every hour to one of the world’s wealthiest industries, while 2.5 million US children are homeless. This is morally obscene. The giveaways must stop.
Expanded oil and gas subsidies, which are included in current versions of upcoming Federal tax legislation, would support a massive expansion of LNG projects which will more than double national export capacity by 2030. This expansion would lock in decades of methane emissions, a greenhouse gas 80 times more potent than CO₂ over 20 years.
We’re sending the following letter to decision-makers, urging them to take right action:
“As faith leaders and people of faith from across the U.S., we urgently call on the government to end fossil fuel subsidies and halt fossil gas expansion. Our traditions teach us to care for the planet and protect the vulnerable. Yet the U.S. spends $20 billion annually subsidizing fossil fuels, fueling pollution, climate destruction, and harming frontline communities while enriching polluters. Additionally, the U.S. plans to double LNG export capacity by 2030, locking in methane emissions 80 times more potent than CO₂ and delaying the clean energy transition. At this pivotal moment, continuing fossil fuel subsidies and LNG expansion is a profound moral failure. We call on you to stop, and to invest in what our communities truly need: housing, healthcare, education, and clean energy…“