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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

billion—are attributable to corn-based ethanol, the climate effects of which are disputed. billion went to traditional sources—such as coal and oil—and $2.3 billion went to carbon capture and storage, which is designed to reduce greenhouse gas emissions from coal-fired power plants. Of the fossil fuel subsidies, $70.2

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