No More Subsidies for Oil Industry
November 19, 2009
William H. Meadows, National Journal
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Excerpts:
The Obama Administration is on the right track with its proposals to get rid of various unmerited federal tax provisions that have in effect subsidized the oil and gas industry for decades. Instead of providing even more taxpayer subsidies for the world’s’ richest industry, the tax loopholes that have benefited the oil and gas industry for decades should be closed, and the additional revenues that would flow to the Treasury – tens of billions of dollars – should be devoted to assisting in the development of new, clean technologies and the implementation of the vast array of energy-efficiency measures that will reduce our dependence on fossil fuels, while maintaining and strengthening our economy.
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Sam Goldman
Sam has been with The Wilderness Society since Fall 2007. He came most recently from M+R Strategic Services in Washington, DC where he worked with national environmental groups to improve their online campaign work and field organizing capacity. Before that, Sam was the Assistant National Field Director for U.S. PIRG where he covered a variety of issues including the fight to protect the Arctic National Wildlife Refuge.
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