The End Polluter Welfare Act of 2021
This bill sponsored by Representative Ilhan Omar from Minnesota, a Muslim woman that ran on a grass-roots platform, shows the power of electing real people to congress.
This bill will eliminate certain tax shelters and subsidies for oil companies. Reducing the authority of the Department of Energy to carry out the Fossil Energy Research and Development Program, and will also increase authorization periods for developing natural deposits. It gets rid of tax deductions for removal costs and damages related to oil spills. It imposes an excise tax on the removal of crude oil or natural gas. It repels tax credits for the production of electricity from coal or carbon-emitting plants. To cap it off, the bill requires a study to find more ways of eliminating other fossil fuel subsidies.
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