10548RE: [hreg] Energy subsidies
- Apr 7 10:26 AM
Great statistics. I assume that the $312 Billion is an annual figure spent on oil and gas subsidies worldwide. I wonder what they mean by “consumption subsidies?” That term makes me think the number for total subsidies for oil and gas is much larger. Few offer the full details on these figures.
From: email@example.com [mailto: firstname.lastname@example.org ] On Behalf Of kevin conlin
Sent: Thursday, April 07, 2011 11:38 AM
Subject: [hreg] Energy subsidies
This came across my screen this morning....
--Although fossil fuels are mature and renewables currently cost more,
fossil fuels still gobble up the lion's share of subsidies. The fossil
industry worldwide benefits from $312 billion in consumption subsidies.
Renewables only get $57 billion. (Note: This sort of stat will make fossil
advocates switch from arguing that 'subsidies are wrong' to 'larger
subsidies to larger industries make sense.')
Heliosolar Design, Inc.
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