Sentences with phrase «comparing subsidies for fossil fuels»

Not exact matches

The «subsidies» that wind power has received to date are miniscule compared to the historic and ongoing subsidies to nuclear power — and to the fossil fuel industry, for that matter.

My own research shows that, even taking the OECD's analysis at face value, when we compare the «subsidies» given to green and brown sectors on a unit - for - unit basis, the renewable sector enjoys thirteen times the subsidy that the fossil fuel sector received.

As a means of comparison, in 2011 alone the International Energy Agency estimated that global fossil fuel direct subsidies were worth $ 523 billion, compared to $ 88 billion for renewables.

But that remains a fantasy as long as renewable energy continues to be economically disadvantaged in favor of fossil fuel: In 2013, according to the International Institute for Sustainable Development, consumer subsidies to fossil fuels totaled $ 548 billion, compared to only $ 121 billion for renewables.

Compared to existing New Jersey state subsidies for solar at fifty times this amount per megawatt - hour, the proposed help for nuclear plants would provide outstanding environmental protection value while paying for itself through lower fossil fuel bills and retained in - state jobs and tax revenue.