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Politics : Formerly About Advanced Micro Devices

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TideGlider

To: Wharf Rat who wrote (923957)	3/2/2016 12:07:50 PM
From: TimF	1 Recommendation of 1578288

Taxpayers should stop subsidizing fossil fuels as well, but they do so at a much lower level per unit of energy then they do for alternatives to fossil fuels. In the US - "Clean Coal" receives massive subsidies per amount of energy it produces, but its not really a significant source of energy. Oil and oil products receive a large negative subsidy. World wide the $5.3 tril figure is ridiculous, as it counts generous estimates of externalities as subsidies. So you have an overestimate of one thing measured as an entirely different thing. If you were my neighbor and you played booming music all night long keeping me up, that would be a cost to me, but it wouldn't mean I was subsidizing you. Externalities and subsidies are different things. Many measurements of "fossil fuel subsidies" also count depreciation and deduction rules that apply to all businesses as "subsidies".

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