From Elizabeth Warren <[email protected]>
Subject Basically every big issue we work on, including climate change, comes down to this.
Date April 22, 2024 5:51 PM
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Warren for Senate: [link removed]

There are plenty of ways to celebrate Earth Day today.

You could plant a tree, or help clean up a local park, or ride your bike
instead of driving your car — all terrific.

I want to make a pitch for one more step: taking political action to
demand policy change.

Because when we raise our voices side by side, over time, we make change
happen — to ensure clean air, clean water, and a livable planet for our
kids and grandkids.

Can I tell you a quick story to try to make that case? It starts with how
corporations — including many large players in the oil and gas industries
— gamed the tax code, and ends with fighting climate change. (Yep —
basically every big issue we work on comes down to tax policy.)

You see, for years, giant corporations were raking in massive profits
while paying little or no federal income taxes. In fact, during the period
of 2018–2022, the largest profitable corporations in the oil, gas, and
pipelines industry were paying an effective tax rate of only 2%.

That just isn’t right. So I proposed a minimum tax on massive profits for
billionaire corporations.

People said it would never happen. They said corporate lobbyists had too
much power. But this grassroots movement got behind the plan. I kept
persisting in Washington. And in 2022, we got it passed — to help fund our
nation’s biggest-ever investment in fighting the climate crisis.

That tax is now powering clean energy innovation, new jobs, climate
resiliency, environmental justice investments, and electric vehicle
purchases across the country.

And I’m running for re-election to stay in the fight — for more
investments in fighting climate change and more projects to help our
communities weather this crisis.

Even though big oil companies and other powerful interests want you to be
cynical about the potential for making change — all so they can preserve
their profitable status quo — I want you to remember your power in our
democracy, this Earth Day and beyond.

When we come together, when we demand action, we can pass systematic
reforms that benefit generations to come.

And I’m grateful that you’re in this fight by my side.

Happy Earth Day,

Elizabeth






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