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20% of the annual budget in Belarus still goes to Chernobyl

#46

Quote:<a class="bbc_url" href='http://priceofoil.org/thepriceofoil/clean-energy/'>http://priceofoil.org/thepriceofoil/clean-energy/</a>



The industry consistently uses its political and financial muscle to try and block the alternatives. In 2015, oil companies spent $11 million on successfully killing a provision in California’s SB 350 climate bill to halve petroleum use by 2030. (1)
Coal-burning utilities have tried to penalize consumers for installing rooftop solar. In Europe, Shell successfully lobbied against targets for renewable energy. (1)



Meanwhile, the industry continues to demand handouts, giving it an unfair advantage over clean energy. G20 countries gave $452 billion in subsidies in 2014, going directly towards the production of fossil fuels. The U.S. share of this was over $20 billion. (2)
The industry also lobbies for exemptions to environmental rules, which also gives it an unfair advantage by making its costs artificially low. (1)
 

(1) Lobbying for reduced government interference in their industry is not the same as blocking other industries. There is nothing in those statements that does anything to block renewable development by private industry.


 

(2) The Left loves to compare apples and oranges. Subsides to clean energy are in the form of direct payouts, 'research and development' grants (like Solyndra), and even cash rebates to buyers of electric cars (all of whom have to be rich enough to afford an expensive impractical toy). Those $452 billion in 'subsidies' (such an exact number!) to fossil fuel companies are almost all in deductions for the cost of taxes paid to foreign governments. In other businesses this is just called a business expense. There is also a 'subsidy' to companies that provide heating oil to poor families. This would be like the government directly paying Publix to give free food to the needy rather than hand out SNAP cards. The oil companies are really just middlemen in a government giveaway here.





                                                                          

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20% of the annual budget in Belarus still goes to Chernobyl - by MalabarJag - 01-07-2017, 10:56 AM



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