New U.S. Budget Includes Huge Concessions to Big Oil

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CLF says budget’s promotion of renewables overshadowed by fossil fuel payoffs

December 18, 2015 (BOSTON, MA) – Conservation Law Foundation (CLF) released the following statement today in response to the passage of an omnibus budget bill by the U.S. House of Representatives. While the new budget provides a four- to six-year extension of tax credits for solar and wind power, it also lifts the 40-year ban on the export of crude oil and includes hundreds of billions in additional tax breaks. 

“In the span of one week, the United States signed an international agreement aimed at closing the door on fossil fuels and passed a federal budget that opens the door even wider,” said CLF president Bradley Campbell. “Paris laid the groundwork for real, measurable progress in addressing climate change, and it’s up to our leaders to see that vision realized. Today, we failed our first test.” 

Campbell continued, “The extension of incentives for wind and solar power is certainly critical to our nation’s economic future. However, those admirable elements are once again undermined by a Congress that consistently kowtows to the whims of the oil executives funding their campaigns.” 

The bill will go to the Senate later this afternoon. CLF experts are available for further comment.


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