Fossil Fuel Subsidies Are Five Times More Than Subsidies To Renewables


image courtesy of Filippo Minelli / flickr CC BY-NC-ND 2.0

image courtesy of Filippo Minelli / flickr CC BY-NC-ND 2.0

It seems like nonsense, yet it appears to be true! In 2013 the International Energy Agency reported its latest world energy subsidy totals. The agency observed that fossil fuels were supported by subsidies that amounted to $544 billion in 2012, up about 34% from 2010 and about five times more than subsidies to renewables.<1>

 

Support Elected Officials

Try to vote for and support candidates who are committed to sensible climate policies. You can view the positions of candidates and currently elected representatives by searching on the Internet. Here are some useful online resources for voters in the US:

The Political Guide
http://www.thepoliticalguide.com

vote411.org
http://www.vote411.org/

VoteEasy, Project Vote Smart
http://votesmart.org/voteeasy/

How to Choose a Candidate, Mahalo.com
http://www.mahalo.com/how-to-choose-a-candidate/

 

The Details

If you would like to dive into the details about world energy subsidies, there is an extensive discussion from the International Monetary Fund at
http://www.imf.org/external/np/speeches/2013/032713.htm

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Notes
<1>http://www.iea.org/publications/freepublications/publication/WEO2013_Executive_Summary_English.pdf#page=5
Categories: Huge Changes

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