In a pair of StopBigOil videos, RepRoKhanna says U.S. leaders must 'end fossil fuel subsidies and put an excess profits tax on the wealthiest oil and gas corporations.' BlameBigOil
In a pair of videos, the progressive congressman from California says U.S. leaders must"end fossil fuel subsidies and put an excess profits tax on the wealthiest oil and gas corporations."That's the message that progressive U.S. Rep Ro Khanna has for voters in a pair of videos published Tuesday as part of a campaign to push members of Congress to enact windfall profits tax legislation.
"Big Oil has mastered the art of profiteering," Khanna says while standing outside a filling station in one of the videos, which was produced by the Stop the Oil Profiteering campaign."It's less than half a mile from this ExxonMobil station to the U.S. Capitol, but the path from your wallet to the pockets of Big Oil is even more direct."
"Over the last eight months, Big Oil companies have raked in over $100 billion in profits by limiting supply and jacking up prices," he continues."Big Oil says they're investing all that money in lowering gas prices or funding climate solutions. But that's not true. Big Oil is using their excess profits for billions in stock buybacks designed to reward their CEOs and wealthy shareholders."As photos of fossil fuel boosters in U.S.
"For decades, Big Oil has spread lies about the climate crisis," he adds,"and that disinformation campaign continues today, with the help of some of the world's largest PR and ad agencies."
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