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Let’s end polluter welfare

Sen. Bernie Sanders rallies supporters of the End Polluter Welfare Act.

At a time when we have more than $15 trillion in national debt, American taxpayers are set to give away over $110 billion to the oil, gas, and coal industries over the next decade. Clearly, we cannot afford it. The five largest oil companies made over $1 trillion in profits in the last decade, with some paying no federal income taxes for part of that time, so they certainly do not need it.

It is time we end this corporate welfare in the form of massive subsidies and tax breaks [PDF] to hugely profitable fossil-fuel corporations. It is time for Congress to support the interests of the taxpayer instead of powerful special interests like the oil and coal industries. That is why I joined with Rep. Keith Ellison to introduce legislation in the Senate and the House called the End Polluter Welfare Act. Our proposal is backed by grassroots and public-interest organizations 350.org, Friends of the Earth, Taxpayers for Common Sense, and many others.

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Stop the nuclear-industry welfare program

With this nation facing a $15 trillion national debt, there is no shortage of opinions about how to move toward deficit reduction in the federal budget. One topic you will not hear discussed very often on Capitol Hill is the idea of ending one of the oldest American welfare programs -- the extraordinary amount of corporate welfare going to the nuclear energy industry.

Many in Congress talk of getting "big government off the backs of private industry." Here’s an industry we’d like to get off the backs of the taxpayers.

As a senator who is the longest-serving independent in Congress, and as the president of an independent and nonpartisan budget watchdog organization, we do not necessarily agree on everything when it comes to energy and budget policy in the United States. But one thing we strongly agree on is the need to end wasteful subsidies that prop up the nuclear industry. After 60 years, this industry should not require continued and massive corporate welfare. It is time for the nuclear power industry to stand on its own two feet.

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Now is the time to transform our energy system

The BP oil spill in the Gulf of Mexico is an unmitigated disaster. Its full consequences will not be known for decades. What we do know, however, is that BP President Tony Hayward was incredibly wrong when he stated that the spill will have "a very, very modest environmental impact." Quite the contrary! In fact, one of the most beautiful and productive coastal regions of the world is being turned into a giant cesspool and, in the midst of a major recession, thousands of workers are going to lose their livelihoods. It goes without saying that BP must pick up …

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We need an energy revolution

The United States today spends some $400 billion a year importing oil from countries like Saudi Arabia, Nigeria, Mexico, Russia, and Venezuela. Think for a moment what an incredible impact that same $400 billion a year could have on our country if that money were invested here and not abroad, in such areas as weatherization, energy efficiency, sustainable energies like wind, solar, geothermal, biomass, public transportation and automobiles that are energy efficient or don't use fossil fuels at all. What we are talking about is an energy revolution that leads us toward energy independence, the cessation of support for foreign …

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The Lieberman-Warner bill is not strong enough to do the job

Bernie Sanders. As a member of both the Senate Environment and Public Works Committee and the Energy and Natural Resources Committee it is my view that the time is long overdue for Congress to go beyond deal making and "politics as usual" in addressing the crisis of global warming. The droughts, floods and severe weather disturbances our planet is already experiencing will only get worse, potentially impacting billions of people, if we do not take bold and decisive action in the very near future. While the Lieberman-Warner cap and trade bill is a step forward, it goes nowhere near far …

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Sen. Bernie Sanders

U.S. Senator Bernard Sanders is a member of the Energy and Natural Resources Committee and the Environment and Public Works Committee. He is chairman of the Green Jobs and the New Economy Subcommittee.

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