The United States endorsed the ‘Friends of Fossil Fuel Subsidy Reform’ communiqué in the spring of 2015. The United States strongly supports and has played a key role in fossil fuel subsidy reform efforts through domestic and international action. At home, the United States Treasury Department estimates that U.S. federal fossil fuel subsidies to producers of oil, natural gas, coal, and other fossil fuels total nearly $4.8 billion per year. The President is committed to eliminating these subsidies and has advocated for their elimination in his budget. Abroad, the United States continues to work with the G-20 and APEC to build consensus around phasing out economically inefficient fossil fuel subsidies by a date certain. To achieve this goal, the United States participates in and encourages all member countries to participate in fossil fuel subsidy peer reviews in the G-20 and APEC. Specifically, the United States and China are currently undergoing a peer review in partnership with Germany, Indonesia, and Mexico through the G-20.