Sunday, November 18, 2012

Response of capitalism to #climatechange, increase fossil-fuel subsidy

Fossil fuels get billions more in subsidies than renewables: IEA - "The same IEA report also said fossil fuels attracted about $523 billion in government subsidies in 2011, up by 30% from 2010.  That compares to $88 billion for renewable energy.  The heaviest subsidies typically take place in parts of the Middle East and Africa, the study said."

'via Blog this'