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Politics : Politics of Energy

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To: Eric who wrote (44635)	12/23/2013 3:13:56 PM
From: TimF	Read Replies (1) of 86356

In the US net fossil fuel subsidies are negative. In Europe I'm less certain but they are probably even more negative than in the US considering the large targeted taxes on refined oil products and their carbon taxes. Even if the article you posted was accurate (and it isn't) $58.7bil of subsidies for fossil fuels, compared to $11.7bil for "alternatives" (if that's what the article means by "climate aid") would mean fossil fuels were less subsidized, since fossil fuels produce a lot more energy than alternatives, so each unit of "alternative energy" produced would receive a larger subsidy.

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