The End Polluter Welfare Act of 2025 seeks to eliminate federal subsidies and tax breaks for fossil fuel companies across multiple dimensions. The bill removes direct government spending benefits such as royalty relief for oil and gas production and federal financing for fossil fuel projects, while simultaneously repealing numerous tax deductions and credits—including percentage depletion allowances, accelerated depreciation, and inventory accounting methods—that currently benefit oil, gas, and coal companies. Additionally, the bill repeals fossil fuel subsidies from recent legislation including the Inflation Reduction Act and increases excise taxes on coal mining and oil extraction, including a new 13% tax on crude oil and natural gas from federal Gulf of Mexico leases. The legislation also reduces clean hydrogen tax credits, tightens renewable energy requirements, and requires the Treasury Department to identify and report on all remaining federal fossil fuel subsidies within one year. No specific funding amounts or implementation deadlines are specified in the individual section summaries provided.
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