Trump’s $40B Oil Party: Climate Change’s Worst RSVP

Trump’s $40B Oil Party: Climate Change’s Worst RSVP
Photo by Declan Sun on Unsplash

Hold onto your reusable straws because President Trump’s flagship legislation is throwing the oil and gas industry a decade-long money bash with a whopping $40 billion in fresh subsidies. That’s right, from 2024 through 2034, fossil fuel friends get a golden parachute while Mother Earth probably screams in binary eco-programming code. The report didn’t name which companies will lap up these dollars, but imagine ExxonMobil and friends RSVP’ing with dollar signs in their eyes. This policy move, unveiled amidst growing climate change urgency and green energy pushes, is like giving a vegan a steak buffet and telling them to enjoy. Cozy, right?

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Source: Grist | Published: 9/14/2025 | Author: Molly Taft, WIRED