It is unclear to
me how oil subsidies and lack of tax breaks for an upstart renewable energy industry will help further these goals.
It assessed
how oil subsidies could influence investor decision - making and found that the impact of subsidies on oil production (and associated emissions) in the U.S. was potentially very high.
Not exact matches
Their critics say their stance, however well intentioned, will produce the real delays, given
how much can be done now simply by cutting energy waste with tools already on the shelf — ranging from strengthening efficiency standards to eliminating billions of dollars in persistent fossil - fuel
subsidies that continue to make coal and
oil much cheaper than they really are when all their hidden costs are revealed.
Posted in NWEI Discussion Courses, NWEI News, Powering a Bright Future Tagged energy extraction, energy issues, energy policy, energy production, energy use and equity, environmental impacts of energy use, fossil fuel
subsidies,
how to promote energy sustainability, peak
oil, post carbon era, Powering a Bright Future Comments closed
Besides the Obama administration's antagonism to
oil and natural gas production, this revolution also did not happen because Congress passed an «energy» bill directing
how oil was to be produced or providing targeted
subsidies.
To address this threat to competitiveness, the Leach panel recommended that some of the revenues collected through the carbon tax — at least $ 2.5 billion, by some estimates — be returned to big emitters by way of a
subsidy tied to
how much they produce, whether it's barrels of
oil or kilowatts of electricity or some other sector - specific output.