Though the U.S. government continued sounding the alarm on climate change over the past year, its subsidies to fossil fuel companies grew.
Since President Barack Obama took office in 2009, federal fossil fuel subsidies have grown by 45 percent, from $12.7 billion to a current total of $18.5 billion, according to a report from Oil Change International.
Last year alone, U.S. federal and state governments provided $21.6 billion in production and exploration subsidies to the oil, gas, and coal industries. The increase is a result of oil and gas booms that are rewarded with tax breaks and other incentives. They are essentially rewarded for accelerating climate change, the report concludes.
Read the report here