That new amount, created with the passage of the One Big Beautiful Bill Act this summer, adds to $30.8 billion a year in preexisting subsidies for the fossil fuel industry. The report finds that the amount of public money the US will now spend on domestic fossil fuels stands at least $34.8 billion a year. The US has been subsidizing fossil fuel production for more than a century. Fossil fuel subsidies have proven notoriously difficult to undo, even with a determined administration. Fossil fuel companies spent millions of dollars getting Trump elected last year; one report from the advocacy group Climate Power puts the total number at $445 million.