Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables
Green Car Congress
SEPTEMBER 18, 2009
US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. More than half the subsidies for renewables—$16.8
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