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Fossil Fuel Subsidies and the Energy Security Act of 2003

 Monday, May 12, 2003
1:00 – 2:30 p.m., 628 Dirksen Senate Office Building

       The Chesapeake Climate Action Network (CCAN), Friends of the Earth, and the Environmental and Energy Study Institute (EESI) sponsored a Congressional briefing on the potential costs of fossil fuel subsidies to US taxpayers in the energy legislation currently before Congress.  The fossil fuel industry is one of the most profitable industries in America, and the current legislation before Congress will continue to help support its growth in the energy sector.  The use of oil, coal, and natural gas has provided most of America’s energy over the last century, but has also been linked to severe environmental degradation.  At the same time, the fossil fuel industry has received substantial taxpayer subsidies for decades.  A diverse panel of experts discussed the costs and implications of these subsidies. 

Briefing Panel:

 Ø      Erich Pica, Director of Green Scissors, Friends of the Earth
Presentation

Ø      Aileen Roder, Program Director, Taxpayers for Common Sense
Presentation
Written Comments

Ø      Navin Nayak, Environmental Advocate, US Public Interest Research Group
Presentation

Ø      Jerry Taylor, Director of Natural Resource Studies, Cato Institute
 

 For more information about the briefing, please contact JR Drabick at EESI at 202-662-1886 or jrdrabick@eesi.org or Jennifer Hicks at CCAN at (301) 920-1644 or jhicks@chesapeakeclimate.org 

 

 

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