While the infrastructure and spending bills have spent months oozing their way through the nation’s paralyzingly partisan bureaucracy, it’s looking like they might finally get passed on Tuesday. The bill would revive the “superfund tax” that was previously instated in 1980, but which expired in 1995. The excise tax would target 42 hazardous substances such as benzene and chlorine, and are expected to generate $14.4 billion over the next 10 years. Every year, G20 governments spend $584 billion supporting the fossil fuels industry through “budgetary transfers and tax expenditure, price support, public finance, and SOE investment for the production and consumption of fossil fuels at home and abroad,” according to a report published last year by the International Institute for Sustainable Development (IISD). The G20, or Group of 20, is an intergovernmental forum of 20 key players in the global economy (including 19 countries and the European Union), as […]

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