Not exact matches
Continued support for wind, solar and
other forms of green energy like
biofuel «represents total madness» as these energy systems don't justify the massive costs of the
subsidies required to support them.
WHEREAS, the federal government and many individual states currently provide direct
subsidies in the form of tax credits, rebates, and
other incentives to owners of alternative - fueled vehicles, including electric, natural gas,
biofuel, propane clean diesel and, in some instances, supporting fueling infrastructure; and
Moreover,
biofuel mandates and
subsidies tend to push land out of
other carbon - sequestering uses including food production.
According to the IEA, global fossil fuel consumption
subsidies are over twice as large as
subsidies for renewable energy in 2015, which amounted to $ 150 billion globally — $ 120 billion for non-hydro renewables for power generation and about $ 30 billion for renewables in
other sectors, primarily
biofuels.
We have also opposed
subsidies for natural gas vehicles and
other biofuels for these same reasons,» the Koch letter reads.
Biofuel subsidies were that urgent green stupidity beyond any
other so far.
They recommend, among
other things, that governments rethink
biofuels policies, especially the
subsidies and mandates for
biofuels from crops that rely on the dedicated use of land.
(For fossil fuels, tax assessed preferably at the mine or well, to reduce paperwork and make enforcement efficient (as opposed to the exhaust pipe)-- but then a compensating credit for fossil C used in materials unlikely to be oxidized, etc, with compensating tariff /
subsidy for trade between nations with differing policies; attempt at least approximate CO2eq tax for
other sources so as to not distort the market (don't encourage too much deforestation for
biofuels, don't forget about cement production, don't forget about cows, etc.)-RRB-.
In contrast to the $ 500 billion in fossil fuel supports in 2010, renewable energy received just $ 66 billion in
subsidies — two thirds for electricity generation from wind, biomass, and
other sources, and one third for
biofuels.