Posted on: April 22, 2021 Posted by: Anna Lee Comments: 0

Rep. Katie Porter (D-CA) requested a giant oil lobbyist at a Home Oversight Committee listening to why taxpayers should pay for his or her air pollution.


Rep. Porter requested, “Your corporations. They’re part of capitalism. They make investments. They take dangers. They earn cash. They share that cash with shareholders, however my query is, why ought to the taxpayers should pay for any of that? Why ought to taxpayers should shell out on your wage and the price of air pollution? Why shouldn’t the businesses should bear that themselves? Let’s assume, only for a minute, that massive oil corporations are unhealthy actors in a capitalist system, even when I’m comfortable with that, why do I’ve to pay? Why do taxpayers should subsidize you and your polluting purchasers?”

Rep. Porter was appropriate. Taxpayer subsidies to massive oil are a violation of free-market rules. The flip aspect of the coin is that massive oil needs taxpayer cash, then it ought to be regulated by the federal government.

This isn’t the Chilly Struggle anymore. People will not be dependant on Huge Oil and fossil fuels. Nationwide safety won’t be jeopardized if the large massive vitality corporations don’t obtain authorities subsidies.

Earth Day is the right time for the American individuals to ask themselves what Rep. Porter posed. Why are we nonetheless paying for large oil to destroy our planet?

Let’s have a real vitality free market and cease propping up outdated polluters with taxpayer money.

For extra dialogue about this story be part of our Rachel Maddow and MSNBC group.

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