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Victory! Big Oil Tax Breaks Repealed

01/22/2007



Dear Editor,

Last week, in a resounding show of support for clean, renewable energy, the House of Representatives voted to roll back Big Oil subsidies and tax breaks with the Clean Energy Act of 2007.

By saying NO to Big Oil and YES to renewable energy, our country is taking a significant first step towards a clean energy future.

And by signing our petition urging the House to pass this forward-thinking legislation, tens of thousands of LCV supporters like you helped make this happen.

Rather than continue Big Oil tax giveaways, the House voted to take a new direction in our energy policy that will help combat global warming and help jump start a new energy economy. This legislation:

  • Eliminates $14 billion in subsidies to oil companies already making record profits
  • Starts investing in clean renewable energy and energy efficiency
  • Shows that the new Congress is serious about creating real solutions in our nation's energy policy

    In the 2006 elections, the American people voted resoundingly for change – including a new direction for our nation's energy policy based on clean energy solutions for our future, not on the dirty energy policies of the past.

    Our work together is a big part of this change. Thank you so much for your efforts on behalf of the environment!

    Sincerely,

    Gene Karpinski
    President
    League of Conservation Voters

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