Time to cut subsidies for fossil fuels? The Green Piece
Green Cars News
SEPTEMBER 22, 2009
Of the fossil fuel subsidies, $70.2billion went to traditional sources such as coal and oil with just $2.3billion dedicated to carbon capture and storage, which is designed to reduce greenhouse gas emissions. By contrast, the hybrid Prius is almost 0.42miles per MJ. Why is so much money dedicated to fossil fuels?
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