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Author Topic: Fossil Fuels: Degraded Democracy and Profit Over Planet Pollution  (Read 30189 times)

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AGelbert

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    • Renwable Revolution
How Fossil Fuel Fascists "DO THE MATH" that makes their poison "competitive".   

Quote
It shows that with rising costs for hard-to-reach reserves, and falling coal and oil prices, generous public subsidies are propping up fossil fuel exploration which would otherwise be deemed uneconomic.

The worst villain is, not surprisingly, the U.S.
which splashed out $5.1 billion annually in subsidies for fossil fuel exploration in 2013—ironically  ;) almost double the level in 2009 when the G20 pledged to phase out fossil fuel subsidies.   

Although President Obama has proposed to cut subsidies, the oil-washed Congress has failed to pass any subsidy cuts. 

http://ecowatch.com/2014/11/11/fossil-fuel-bailout/

He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

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