Environmentalists are sounding the alarm over billions of dollars in new tax breaks and subsidies that oil and gas companies would receive as part of the compromise deal agreed to last week by Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin. On Wednesday, Vermont independent Senator Bernie Sanders said he’ll offer amendments that would strip out a requirement tying new investments in green energy to mandatory lease sales of millions of acres of public lands to oil and gas companies.
Sen. Bernie Sanders: “In my view, if we are going to make our planet healthy and habitable for future generations, we cannot provide billions of dollars in new tax breaks to the very same fossil fuel companies that are currently destroying the planet.”