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+## Subsidies
+
+#### Fossil fuel subsidies uphold and enable the fossil fuel industry to carry out large-scale pollution
+
+* [Roosevelt Institute 19](https://rooseveltinstitute.org/wp-content/uploads/2019/06/GND_policy-brief-fossil-fuel-subsidies.pdf) (additional sources referenced)
+ * The US government spends approximately **$20.5 billion** subsidizing the fossil fuel industry [1]
+ * $14.7 billion federal subsidies
+ * $5.8 billion state subsidies
+ * Subsidies:
+ * **prop up** the existing fossil fuel sector
+ * drive up fossil fuel **extraction and use**
+ * develop **domestic fossil fuel assets**
+ * represent an **obstacle to renewable energy** investment by artificially increasing the relative cost of renewable energy [2]
+ * If we got rid of fossil fuel subsidies, **almost half of all new US oil production would be unprofitable and thus left undeveloped [3]**
+ * Additional sources referenced:
+ * [1]: [Redman 17](http://priceofoil.org/2017/10/03/dirty-energy-dominance-us-subsidies/)
+ * [2]: Carbon Pricing Leadership Coalition 17
+ * [3]: [Erickson et al. 17](https://www.nature.com/articles/s41560-017-0009-8)