A fossil fuel subsidy is any government action that lowers the cost of fossil fuel energy production, raises the price received by energy producers or lowers the price paid by energy consumers. There are a lot of activities under this simple definition—tax breaks and giveaways, but also loans at favorable rates, price controls, purchase requirements and a whole lot of other things.<quoted text>
Tell us about those subsidies to oil companies. You still haven't done that. Or, is that just another of the propaganda lies you get indoctrinated with at your indoctrination sessions?
Tell us about those oil subsidies.
n the United States, credible estimates of annual fossil fuel subsidies range from $10 billion to $52 billion annually, while even efforts to remove small portions of those subsidies have been defeated in Congress, as shown in the graphic below.
President Obama has proposed cutting fossil fuel subsidies every year he’s been in office. The projections for savings have varied slightly each year but always hover around $4 billion annually. Congress has never even proposed voting on all of them.
anything else that your ignorance extends to that you need explained? always happy to do it for you.