Drilled
Rep Ro Khanna on Fossil Fuel Subsidies
Apr 22, 2021
Congressman Ro Khanna leads a discussion on fossil fuel subsidies, emphasizing the need for their elimination to combat climate change. The podcast explores the financial industry's shift towards divestment from high carbon projects, debunking myths surrounding job loss and gas price increases. It encourages advocating for environmentally sustainable alternatives and mobilizing against fossil fuel subsidies in the infrastructure bill.
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Quick takeaways
- Eliminating fossil fuel subsidies is crucial for climate action and creating a level playing field for renewables.
- Investing in air purifiers like Air Doctor can help reduce indoor air pollution and protect health.
Deep dives
Fossil Fuel Subsidies and Climate Action
The podcast discusses the hearing in Congress focusing on fossil fuel subsidies and how they hinder climate action. Rep. Ro Khanna leads the hearing and highlights the need to eliminate these subsidies, pointing out that the industry receives significant financial support. Specific subsidies such as tax preferences for drilling costs and depletion costs are mentioned, emphasizing the importance of ending these practices to create a level playing field for renewable energy.
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