Organizations Ask NY to Remove Fossil-fuel Subsidies from the State Budget

More than 150 organizations consisting of student, faith, labor, political and environmental groups have sent a letter to New York lawmakers, asking them to remove fossil-fuel subsidies from the state budget. They say it’s “outrageous and unconscionable” that the money, one-point-five billion dollars a year, accelerates climate change while making deep cuts to essential services. Marco Volpita with “New York Youth Climate Leaders” says oil and gas companies will continue to operate as long as they’re profitable…

Marissa Guerrero of the “Natural Resources Defense Council” says the state budget has lost almost 63-billion dollars to the COVID pandemic, but tax breaks, credits, refunds and exemptions for the fossil-fuel industry are still on the books…

The chairwoman of the Senate’s Finance Committee says giving tax incentives to maximize the use of oil and gas runs counter to New York’s ambitious climate-protection goals.

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