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Author Topic: Fossil Fuel Subsidies - The Invisible Ones are Worse Than the Obvious Ones!  (Read 8421 times)

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AGelbert

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Agelbert NOTE: ANYONE who claims that there is not ample proof on this thread of the gargantuan, and totally unjustified, subsidies (THEFT from taxpayers) the fossil fuel industry welfare queens get annually from our government (and foreign governments all over the world too!) is REALLY off their rockers. 

To the ignoramous who complained about lack of fossil fuel subsidy proof here: Argue your point or STFU.

Fossil Fuel Subsidies in the U.S.

What is a fossil fuel subsidy?

A fossil fuel subsidy is any government action that lowers the cost of fossil fuel energy production, raises the price received by energy producers or lowers the price paid by energy consumers. There are a lot of activities under this simple definition—tax breaks and giveaways, but also loans at favorable rates, price controls, purchase requirements and a whole lot of other things.

Are you looking for information about International Fossil Fuel Subsidies?  Then go here.

How much money does the U.S. government give oil, gas and coal companies?

In the United States, credible estimates of annual fossil fuel subsidies range from $14 billion to $52 billion annually, while even efforts to remove small portions of those subsidies have been defeated in Congress, as shown in the graphic below


http://priceofoil.org/content/uploads/2012/05/FIN.USCapitolSubsidyGraphicFlyer.pdf

http://priceofoil.org/fossil-fuel-subsidies/
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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