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.
The large black bear in this video was observed ambling around a Monrovia, California neighborhood last Friday morning. The bear walked through residential lawns, driveways and rested in a nearby alley.
How does an owl’s tail help it fly? To better see the role of the tail in raptor aerodynamics, researchers at the UK’s Royal Veterinary College recorded birds of prey flying through clouds of tiny helium bubbles. According to the science journal Nature, analyzing the swirling motion of the bubbles enabled the scientists to discover […]
Thirty years ago today, the Voyager 1 spaceprobe had completed its ncounters with the outer planets and was careening out of our solar system. The time came to shut off the probes’ cameras to preserve power and memory for the other onboard scientific instruments. But before engineers flipped the switch, one last photo opportunity was […]
In the early days of the web, everyone wanted a .com domain for their site. As a result, all the good ones got snapped up. But .com no longer has the cachet it once did. In fact, many new businesses and individuals are opting for other top-level domain extensions. One of the most memorable is […]
As you shiver your way through February, you’re probably thinking about paying your heating bill. But in just a few short months, the summer sun is going to come calling — and the fear of pulling that energy bill out of your mailbox will start becoming very, very real. Air conditioning accounts for about an […]
Despite legalization in 11 states and decriminalization in 15 more, marijuana-based products are still an often tough sell with many Americans. While the psychoactive THC portion of the plant remains controversial, the medicinal impact of the non-altering component of cannibis, CBD, is widely hailed. Many portions of those claims still await medical verification, but for […]