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Energy Policy

Environmental author McKibben discusses new subsidy rollback legislation

How would eliminating all fossil fuel subsidies affect the economy? During today's OnPoint, Bill McKibben, environmental author and founder of the grass-roots climate campaign 350.org, discusses new legislation introduced last week by Sen. Bernie Sanders (I-Vt.) and Rep. Keith Ellison (D-Minn.) that would eliminate $113 billion in fossil fuel subsidies over 10 years. McKibben also weighs in on TransCanada Corp.'s recent reapplication for a Keystone XL pipeline permit.