Wednesday, September 23, 2009

Fossil fuel subsidies dwarf clean energy subsidies; Obama wants to eliminate them


by David Roberts
GRIST Magazine
September 23, 2009

One often hears opponents of clean energy say that renewable sources are too expensive; they can’t get by without subsidies; they can’t compete in a “free market.” One of the many reasons this is a daffy argument is that there is no such thing as a free market, certainly not in energy. Existing energy sources, fossil fuels, have benefited from a century of subsidies and supporting infrastructure—and are still subsidized lavishly relative to their scrappy little competitors...

Click on Title above to continue

No comments:

Post a Comment