People For Member,
Fossil fuel corporations like ExxonMobil have known for decades that their pollution was causing catastrophic climate impacts. Not only did they fail to share their science: they took deliberate action to mislead the public.
Senators Elizabeth Warren and Bernie Sanders, alongside four of their Democratic colleagues, announced a new proposal to finally force Big Oil to clean up their mess: A climate fund to help pay for clean energy and climate action financed by charging the worst offenders for their past pollution.
These senators already have a sponsor – Rep. Jamaal Bowman – lined up to lead the Polluters Pay Climate Fund Act through the U.S. House of Representatives, because progressive champions know how dire climate change has become. Their plan would raise an estimated $500 billion by collecting fees from corporations for their past pollution and establish a Polluters Pay Climate Fund that directs the money towards the advancement of clean energy infrastructure, climate projects, and more.
The largest 25 to 30 fossil fuel companies, those who have caused the highest emissions, would pay the fee. It’s time to make these big polluters pay for the damage they’ve done. The Polluters Pay Climate Fund would be a move in the right direction, which is why we need Congress to include it as part of their budget reconciliation package.
It’s critical that Congress move quickly on the Polluters Pay Climate Fund Act; recent reports from environmental experts make it clear that we cannot afford to waste any time in making these changes to our energy infrastructure. The budget reconciliation package is the best way to get this done right away.
In community,
Sarah, Digital Campaigns Associate
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