Fossil-fuels subsidies

For Immediate Release: August 26, 2021

Photos HERE

Albuquerque, N.M. — On Aug. 26, elected officials, residents from across New Mexico and groups representing nearly 300,000 members sent a letter urging U.S. Sens. Martin Heinrich and Ben Ray Luján to pledge their support to end federal fossil-fuel subsidies in the upcoming Budget Reconciliation bill. Representatives from Friends of the Earth, the Sierra Club Rio Grande Chapter, and New Mexico residents hand-delivered the letter urging the Senators to prioritize eliminating fossil-fuel subsidies and shared their concerns with staff at Senator Heinrich’s office in Albuquerque.

The fossil-fuel industry receives roughly $20 billion a year in federal subsidies for exploration and production — the oil and gas industry receives roughly 80 percent ...

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