Senator Sheldon Whitehouse
@senatorwhitehouse·303K subscribers·2.2K videos
Chair Whitehouse: Fossil Fuel-Funded Climate Obstruction Causing Systemic Financial Risks to Economy
Posted
June 23, 2023
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June 23, 2023
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5:57Now PlayingJune 21 | Senator Sheldon Whitehouse (D-RI), Chairman of the Senate Budget Committee, opens a Budget Committee hearing entitled, “Dollars and Degrees: Investigating Fossil Fuel Dark Money’s Systemic Threats to Climate and the Federal Budget.”
The hearing explored the insidious role that secretive fossil fuel money has played in exposing us to those forecast economic and budgetary catastrophes. Decades of climate disinformation and obstruction kept the fossil fuel industry benefiting from its $600-plus billion-dollar subsidy, driving up climate-related costs to the federal budget and to the broader economy.
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