Trump’s Policies to Subsidize Oil and Gas Overseas Raises Costs at Home

Washington, D.C — In response to today’s introduction of the Protecting Taxpayers from Risky Investments in Venezuela Act in both the House of Representatives and the Senate, the League of Conservation Voters (LCV) issued the following statement from Senior Federal Advocacy Campaigns Director, Leah Donahey:

“Taxpayers in the U.S. shouldn’t be forced to pay for Big Oil infrastructure — period. Trump’s proposal to invest taxpayer dollars subsidizing overseas oil and gas projects will help line the pockets of his Big Polluter friends and do zero to lower everyday expenses for families here at home. Energy prices are up 13% under President Trump and yet he is abusing his power and banning clean energy projects to give handouts to wealthy oil executives, when what we need is to invest in the fastest and cheapest energy to bring online — clean energy — and the good-paying jobs it creates. We applaud Senator Merkley and Representative Levin for introducing these bills and urge Congress to pass this legislation that helps to protect taxpayer dollars from funding Big Polluters.”

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