A new report highlights that the fossil fuel industry may have secured around $190 billion in tax breaks and subsidies over the next decade, largely due to the influence of the Trump administration. The report, jointly released by Senator Sheldon Whitehouse and Senate Democratic leader Chuck Schumer, details how the fossil fuel industry significantly shaped Trump's policies. It points to a fundraiser in April 2024 at Mar-a-Lago, Florida, where Trump reportedly asked industry executives for $1 billion in campaign donations in exchange for tax benefits and regulatory rollbacks. The report states that the industry "delivered in the hundreds of millions" in response. According to the senators, the Trump administration granted benefits worth hundreds of billions of dollars to polluting industries, with American families bearing the cost through higher energy bills and increased expenses linked to climate change and pollution. The report notes that the administration's reluctance to cooperate with congressional oversight made the investigation more difficult. The $190 billion estimate includes existing tax breaks and subsidies over the next decade, as well as new benefits from the One Big Beautiful Bill Act, a piece of legislation that included a $1 billion direct subsidy for fossil fuels. The report also highlights that the fossil fuel industry contributed over $200 million to Trump’s re-election campaign and $19 million to his inaugural fund, the largest political investment by the industry in history. In return, Trump appointed 26 senior officials, all of whom had previously worked in the fossil fuel or chemical industries, to various government agencies. These policies, according to the report, may hinder the growth of clean energy and increase fuel costs for Americans over the next three decades. The report accuses the Trump administration of relaxing pollution controls and repealing federal vehicle greenhouse gas standards, which could lead to significant increases in fuel and maintenance costs for consumers. It also notes that the administration used taxpayer money to cancel wind energy projects, freezing over 160 projects with a combined generating capacity of 30 gigawatts. These actions have led to increased energy costs and public health risks, with fossil fuel-related pollution and climate change costing approximately $820 billion annually. As a result, the report warns that the sharpest increases in energy costs may fall on Republican-led states that lack policies supporting renewable energy.