Analysis: Fossil Fuel Tax Programs to Cut Emissions Lead to Lots of Industry Profit, Little Climate Action
DeSmogBlog
APRIL 4, 2021
Tags: carbon tax cap and trade tax credits refined coal tax credit 45Q carbon capture Read time: 12 mins The fossil fuel industry and its investors have financially benefited from tax policies and subsidies designed to reduce the emissions from oil, gas, and coal — sometimes without taking the action required to tackle climate change.
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