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How We Subsidize Fossil Fuels

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paparush Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 07:44 AM
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How We Subsidize Fossil Fuels


The vast majority of federal subsidies for fossil fuels and renewable energy supported energy sources that emit high levels of greenhouse gases when used as fuel.

The federal government provided substantially larger subsidies to fossil fuels than to renewables. Subsidies to fossil fuels—a mature, developed industry that has enjoyed government support for many years—totaled approximately $72 billion over the study period, representing a direct cost to taxpayers.

Subsidies for renewable fuels, a relatively young and developing industry, totaled $29 billion over the same period.

http://www.eli.org/Program_Areas/innovation_governance_energy.cfm
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FBaggins Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 08:34 AM
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1. How much bang for the buck?
Edited on Thu Jul-15-10 08:35 AM by FBaggins
That is... how much is that in cents per BTU?

And how much of the "subsidy" in each category is just a tax break available to all businesses?
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