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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (892136)	10/7/2015 2:05:29 PM
From: TimF	Read Replies (1) of 1574854

If they did that, they'd have to count fossil subsidies. Doing so would make the case for fossil fuel use stronger since the net subsidy in the US and Europe is negative at least for oil (and in Europe probably for coal as well, not sure about the US but the extra taxes on oil products amount to more than any subsidy that all fossil fuels in the US combined recieve). All the actual subsidies and targeted tax breaks are less then the targeted extra taxes on the oil industry. CO2 production is not a subsidy, nor is not paying taxes for it. To the extent it is a problem its an externality not a subsidy.

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