This is a little old, but I ran across it on Jon Taplin's blog recently and I think it does a good job of making an important point—fossil fuel, as an industry, isn't self supporting. No matter where we get our energy from, we're propping up production with tax dollars.
Couple things to keep in mind with this graph:
Not all fossil fuel subsidies are evil. (Frankly, I think we can drop the fossil fuels part and say "not all subsidies are evil", but I digress.) The Environmental Law Institute—who compiled the research and created this graphic—points out a great example: The Low-Income Home Energy Assistance Program. That's calculated under subsidies to fossil fuels. It's by no means a big part of fossil fuel subsidies, but it's there.
This accounting doesn't include all spending. For instance, there are programs that, arguably, spend money as a direct result of the fossil fuel industry, but that aren't technically subsidies. The Oil Spill Liability Trust Fund, say, or, more controversially, money spent on military campaigns at least partially influenced by a desire to stabilize/defend/friendly-fy oil-producing countries.
Read the full paper this graph is based on. See the full graph with footnotes.
Jesse Singal requested this shoop, and I delivered. After all, who’s downloading pirated papers? Everyone. (I’ve uploaded this to Redbubble if you’d like a poster—of course, you can just as well pirate it.)
Hydraulic Press Channel shows why carbon fiber and variants like carbon nanotubes have so many uses: depending on the configuration, they can hold up against the hydraulic press.
Roald Dahl spent the last of his days in a special armchair that he modded to help him with back pain from a WWII injury; now, in honour of the Dinner at the Twits interactive theatre events, the craft 40FT Brewery has swabbed some yeast from Dahl’s chair and cultured it to brew Mr. Twit’s […]
If you’re looking to earn a top salary in the tech industry, there’s no better career than coding. However, sometimes the hardest part of entering this career path is knowing where to begin.We took the Complete Web Developer Course because it took that decision out of our hands. This course teaches beginner-friendly coding languages that will also help land an immediate […]
To be a Pokémon master, you’ll need a phone that won’t constantly die on you. Because nothing is worse than seeing the screen go black right as you’ve finally found the Charizard of your dreams.That’s why we’re so excited about the LinearFlux PokeCharger Portable Battery ($39.99). With its 3.0 Amp HyperCharging technology, this slim battery will […]
The tech industry is constantly innovating, and in order to stay competitive, you’ll need to keep up. The Programming Into the Future Bundle was created to teach you the skills employers are looking for at this very moment, including in-demand coding languages like Google Go.The bundle of courses includes instruction on a range of innovative tools that advanced coders […]