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Biden Trip to Saudi Arabia Shows Fossil Fuel Dependence Is a Recipe for Misery

>> Read article published by USA Today

PERI's James Boyce discusses how petrostates and oil companies reap the benefits of high oil prices. He argues that "a windfall profit tax, with the proceeds returned directly to the public like recent stimulus checks" would help offset the rising gas prices and begin to address climate change by promoting the transition away from fossil fuel dependence.

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