Released: Filed Under: NCFCA Policy
About "EX-IM Fossil Fuel (AFF)"
Case Summary: The Export-Import Bank is a federal “corporate welfare” scheme that gives subsidized loans to businesses engaged in international trade. The goal was to increase the ability of US businesses to export abroad, thus creating jobs in America. The reality is, of course, quite different. While this case does not deal with the overall wisdom or lack thereof to continuing the Ex-Im Bank (beyond the scope of the resolution), we do deal here with the Bank’s funding of subsidized fossil fuel projects. These projects cause pollution, environmental harms, and wreck poor communities in developing countries. Oil and gas companies don’t need taxpayer money to help them wreck the environment or to pad their profits. It’s time to cancel Export-Import Bank fossil fuel projects.
NOTE: This is NOT the same as cases dealing with “fossil fuel subsidies” in general. Those are mostly talking about tax breaks to oil, gas or coal companies for generating resources within the U.S.
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Coach Vance debated in National Forensic League debate while in high school from 1979-1982. In college, he judged at high school NFL tournaments in North Carolina. A homeschooling dad himself, he realized the growing potential and benefit of homeschool debate and switched over to coaching homeschoolers a couple years later. In 2001, he helped Chris Jeub with bringing The Blue Book to a more advanced level. He has been co-authoring Blue Book ever since.