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US Taxpayers Will Pay Billions in New Fossil Fuel Subsidies Thanks to the Big Beautiful Bill

WIREDTuesday, September 9, 2025 at 3:50:17 PM
NegativeTechnology
US Taxpayers Will Pay Billions in New Fossil Fuel Subsidies Thanks to the Big Beautiful Bill
A report reveals that President Trump's major legislation will provide $40 billion in new subsidies to the oil and gas industry over the next ten years, raising concerns among taxpayers.
Editor’s Note: This matters because it highlights the ongoing financial support for fossil fuels, which many believe should be redirected towards renewable energy sources. The significant amount of taxpayer money involved raises questions about priorities in energy policy.
— Curated by the World Pulse Now AI Editorial System

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