From Huffington Post: http://www.huffingtonpost.com/robert-redford/fossil-fuel-subsidies_b_1605146.html
Every year, around the world, almost one trillion dollarsof subsidies is handed out to help the fossil fuel industry. Who came up with the crazy idea that the fossil fuel industry deserves our hard-earned money, no less in economic times of such harsh human consequence? We fire teachers, police and firemen in drastic budget cuts and yet, the fossil fuel industry can laugh all the way to the bank on our dime? Something doesn't add up here.
We should not be subsidizing the destruction of our planet. Fossil fuels are literally cooking our planet, polluting our air and draining our wallets. Why should we continue to reward companies to do that?
As they go after more expensive and harder to access fossil fuels, it is like drilling a hole in our pocketbooks. We pay more at the pump. We pay in taxpayer subsidies to a highly profitable industry. And we pay in the rising costs of climate change in the form of floods, storms and droughts that hurt our homes and communities.
Our world leaders are gathering in Rio over the coming days for a historic meeting twenty years after the first Earth Summit. We are looking to our governments to show leadership and commit to real timetables and actions for fighting climate change, including ending fossil fuel subsidies. Sure, they've made commitments to stop these unnecessary payouts. But commitments need to become action to have any meaning. And despite strong words, we are not yet seeing action on the ground.
In the United States, President Obama has repeatedly proposed cutting $4 billion in annual federal subsidies to the oil and gas industry and several bills to cut fossil fuel subsidies are stalled in Congress.