Monday, December 17, 2012

Fossil Fuel Subsidies Run Rampant at the State Level – EcoWatch: Uniting the Voice of the Grassroots Environmental Movement

Fossil Fuel Subsidies Run Rampant at the State Level – EcoWatch: Uniting the Voice of the Grassroots Environmental Movement: " in the aggregate, sub-national subsidies transfer billions of dollars per year to fossil fuel industries just like their federal counter-parts. They are additive to federal supports, further distorting the economics of specific projects and investment incentives across energy options. This review also illustrates that not only are subsidies purposefully targeted to oil, gas or coal large, but that the fossil energy sector captures a significant share of more general state incentive programs as well.    "

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