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Politics : Formerly About Advanced Micro Devices
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To: Wharf Rat who wrote (1566969)10/21/2025 2:57:32 PM
From: Tenchusatsu  Read Replies (1) of 1571536
 
Wharfie, I still don't like that $760B "subsidies" figure ...
Despite claims of free-market competition, the U.S. fossil fuel industry benefits from an estimated $760 billion annually through subsidies, tax breaks, and unpriced externalities, with direct government subsidies alone accounting for $10 to $52 billion per year.
If you're going to call out the subsidies, you should only point out the direct government subsidies, which is a lot lower (though probably still too high for your tastes) than the $760B figure.

Because the $760B figure is nothing more than a figment of one's imagination. "Imagine how much money we could be getting if only we coulda shoulda woulda ..."

Tenchusatsu

P.S. - Wish I could get part of that $760B "subsidy" at the gas pump here in California. It's still close to $5/gallon around here. Though the charging infrastructure here is slowly getting better. Slowly ...
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