Tuesday, August 17, 2021

Senate Democrats Plan To Tax Big Polluters


While Fossil Fuel Corporations, like ExxonMobil and Shell, rake in Massive Profits, we're living the Consequences of their Disregard for the Planet.

Frontline Communities, in every part of the World, are facing Rising Sea Levels, Deadly Storms, Heat Waves, and Drought, and staggering Health Care Costs from Cardiovascular Disease, Asthma, Allergens, Vector-Borne Disease, Heat Stroke, Smoke exposure from Wildfires, and more.

The U.S. can be a Global Leader in the Climate Fight, but only if we act Fast.

The Polluters Pay Climate Fund would make 25-30 of the Largest Polluters Pay for Floods, Fires, and other Disasters linked to the Fossil Fuels they have Produced over the years.

Climate Advocacy Groups, across the Country, are pushing Democrats to include it as part of their Budget Reconciliation Package.

Our Future depends on us using this Opportunity to hold Billionaire Oil and Gas Polluters accountable for their past Pollution.

Fossil Fuel Corporations, have known for Decades that their Pollution was causing Catastrophic Climate Impacts. They Not only Failed to Share their Science, they took Deliberate Action to Mislead the Public.

We learn as children that when you make a Mess, you’ve got to Clean it up. Democrats in Congress have announced a New Proposal to finally force Big Oil to Clean up their Mess.

The Climate Fund to help Pay forCclean Energy and Climate Action financed by Charging the Worst Offenders.

U.S. Sens. Chris Van Hollen (D-MD), Bernie Sanders (I-VT), Ed Markey (D-MA), Sheldon Whitehouse (D-RI), Elizabeth Warren (D-MA), and Jeff Merkley (D-OR), announced the Polluters Pay Climate Fund Act.

U.S. Rep. Jamaal Bowman (D-NY, 16th District) will Sponsor the House Companion Legislation.

The Plan would raise an estimated $500 Billion by Collecting Fees from Corporations, for their Past Pollution and establish a Polluters Pay Climate Fund, that directs the Money towards the Advancement of Clean Energy Infrastructure, Climate Projects, and more.

Only 25-30 of the Largest Fossil Fuel Companies, those who have caused the Highest Emissions, would Pay the Fee.

An Oil Company like ExxonMobil, would likely pay around, $5 Billion a year, under the Plan, a Miniscule Contribution, considering the Profits they’ve Raked-In at the expense of our Air, Water, Land, and Health.

And if Fossil Fuel Giants try to Pass along the Costs to Working People, their Smaller Competitors are Positioned to Undercut their Prices.










NYC Wins When Everyone Can Vote! Michael H. Drucker


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