Want Affordable Clean Energy? Remove ALL Subsidies
Subsidies for Fossil Fuels Far Outweigh Renewables
A report of energy subsidies from 2002-2008 by the Environmental Law Institute shows that subsidies for traditional fossil fuels and corn ethanol totaled 87 Billion dollars. During the same period, subsidies for traditional renewable energy and carbon capture and storage were a paltry 14.5 billion. Although some would argue corn ethanol is renewable, it is not sustainable and uses nearly as much fossil fuel to produce as the energy that it creates. So it is essentially unsustainable.
Green energy would benefit significantly by simply removing all subsidies. It would make the price of dirty energy more expensive than clean energy. Even a tea partier can like that.