Katie’s bill to raise rates on polluters kicked into effect on the first of the year.
After paying the same royalty rate for more than 100 years, Big Oil companies are finally paying a higher and more fair rate for drilling on public lands.
Katie’s bill to raise rates on polluters passed as part of the Inflation Reduction Act, and kicked into effect on the first of the year.
Because fossil fuel companies were still paying the low rates of decades past, taxpayers were essentially subsidizing Big Oil—the same Big Oil companies who are reporting record profits and making billions. And these companies continued to have little regard for the environment and the effect their drilling has had.
To show your support for finding new ways to hold fossil fuel companies accountable, sign our petition.
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Thanks for your help, John!
Team KP
