- cross-posted to:
- globalnews@lemmy.zip
- cross-posted to:
- globalnews@lemmy.zip
“The People Always Pay” Exposes Harms of LNG Tax Breaks to Frontline Communities
A new report details the extent to which the export industry for liquefied methane gas, known as LNG, benefits from billions of dollars in tax breaks, also called tax abatements, in Louisiana and Texas, with local communities suffering as a result. As the incoming Trump administration threatens to lift pollution safeguards and offer giveaways to the fossil fuel industry, this report brings much-needed scrutiny to the true harm LNG export projects cause by depriving communities of valuable tax revenue for critical infrastructure and services such as bridges, hospitals, schools, and climate resiliency.
Inhabitable planet? Who needs that when we’ve got lots of cash?