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Statement: Climate deal would reinstate much needed ‘polluter pays’ tax on oil industry

Toxic threats

Statement: Climate deal would reinstate much needed ‘polluter pays’ tax on oil industry

Senate Majority Leader Chuck Schumer and Sen. Joe Manchin of West Virginia have reached a deal on a reconciliation bill that, among major climate and energy efficiency provisions, includes an oil excise tax to fund Superfund toxic waste site cleanups nationwide. If passed, this bill would reinstate one of several “polluter pays” taxes that was allowed to lapse 26 years ago.

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