Take action: Ask oil executives about their billions in tax breaks
Oil companies are living large.
While you and I pay skyrocketing prices at the gas pump, these corporations are laughing all the way to the bank. The "big five" — ExxonMobil, BP, Chevron, Shell and ConocoPhillips — made a staggering $32 billion in profit during the first quarter of the year.
The worst part? These companies get billions of dollars a year in tax breaks. So you get to give them money at the pump – and then each April when you pay your taxes.
Clearly, this isn't sound policy. Instead of helping Big Oil, we should support growing industries like clean energy, where every $1 million of investment creates roughly 16 jobs. $4 billion would create 64,000 jobs a year.
Green For All has begun to speak out on the issue. Yesterday, I wrote a piece for the Huffington Post and appeared on MSNBC to raise awareness about these handouts.
There's a way you can get involved.
Tomorrow, the heads of the "big five" companies are testifying before the U.S. Senate Finance Committee, having been called by Chairman Max Baucus of Montana.
Use the tool at our website to suggest to Sen. Baucus the questions you want these executives to answer.
Our country can't afford to hand over billions of dollars to some of the richest companies in America – companies that perpetuate a dirty energy system.
Join me in speaking out.
CEO, Green For All