Since 1994, the Green Scissors Campaign, led by Friends of the Earth, Taxpayers for Common Sense and U.S. Public Interest Research Group, has been working with Congress and the Administration to end environmentally harmful and wasteful spending. Working to breach party lines, the Green Scissors Campaign has helped cut more the $26 billion in environmental wasteful programs from the federal budget.
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Friends of the Earth’s new analysis shows that even though the oil and gas industry is experiencing record profits, it is set to receive at least $33 billion in handouts from taxpayers over the next five years. These companies stand to gain at least $23.2 billion from tax loopholes, $3.8 billion in royalty rollbacks, $1.6 billion in direct subsidies for research and development, and $4.3 billion through accounting gimmicks.
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The six fiscally sound and environmentally friendly "green budget" policies set for in this report show how Virginia can save tax payer dollars while discouraging waste and pollution and protecting Virgina's natural resources.
This report offers thirteen fiscally sound recommendations that could help Texan leaders ease the budget crisis and potentially free up more funds fo schools and more adequately fund important natural resource programs, while discouraging pollution and natural resource degradation.
The Green Scissors 2004 report focuses on particularly egregious policies and programs that should be addressed immediately. It targets five issues specifically:
This report is the fourth in a series of annual reports that provided recommendations that would improve California's environment and public health while restoring fiscal accountability.
Eleven fiscally sound and environmentally friendly "green budget" policies evaluated in this report could help the State of Maryland ease its budget crisis while discouraging waste and pollution
Green Scissors 2003 outlines 68 recommendations that would do much to protect our natural resources, reduce unnecessary government spending by more than $58 billion, and help guide our nation towards a more sustainable economic and ecological future.
