This story was originally published by WIRED and is reproduced here as part of the Climate Desk collaboration.
The Trump administration has already added nearly $40 billion in new federal subsidies for oil, gas, and coal in 2025, a report released Tuesday finds, sending an additional $4 billion out the door each year for fossil fuels over the next decade. That new amount, created with the passage of the One Big Beautiful Bill Act this summer, adds to $30.8 billion a year in preexisting subsidies for the fossil fuel industry. The report finds that the amount of public money the U.S. will now spend on domestic fossil fuels stands at at least $34.8 billion a year.
The increase amounts to “the largest single-year increase in subsidies we’ve seen in many years — at least since 2017,