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.
Princeton University psych prof Susan Fiske published an open letter denouncing the practice of using social media to call out statistical errors in psychology research, describing the people who do this as “terrorists” and arguing that this was toxic because of the structure of social science scholarship, having an outsized effect on careers.
Blue writes, “Peter Watts has be stricken with debilitating pain, loss of range of motion and motor control. Watts’ doctors remain baffled despite a battery of tests, and Watts has reached out to his fans to ask for their theories and ideas as to what might be causing his illness.”
Today, I’ve launched a very special Kickstarter with two friends, Timothy Daly and Lawrence Azerrad. A year in the making (and many more years on our minds), the Voyager Golden Record: 40th Anniversary Edition is the first vinyl release of the stunning golden phonograph record launched by NASA in 1977 aboard the Voyager spacecraft, one […]
If you own a dog, you’ve most likely heard of BarkBox – the monthly subscription box for dogs. What started as a simple idea to try out the subscription model on pet owners has since developed a cult following of dog lovers. If you haven’t given it a try yet, this one month free deal is the […]
With the iPhone headphone jack having gone by the wayside, we’re excited about the addition of the FRANKLIN Bluetooth Headphones in our store. These headphones are foldable so they’re easy to carry around, but most importantly, they pack impressive sound. Our biggest struggle with Bluetooth headphones is the worry of them dying at the worst moment. This pair lasts an impressive 8-10 […]
Evan Kimbrell, founder of the digital agency Sprintkick, recently released a series of online courses that feature some of the best advice we’ve come across. These courses are well worth your time, and will save you from making many typical mistakes down the line if you ever want to start your own business.With this Business […]