Redfish
Diamond Member
http://docs.house.gov/meetings/SY/SY20/20130313/100476/HHRG-113-SY20-Wstate-HutzlerM-20130313.pdf
The federal government has provided various forms of financial support for the development and production of fuels and energy technologies over the past several decades and that support is growing. The Energy Information Administration (EIA), an independent agency of the U.S. Department of Energy (DOE), evaluated the amount of subsidies that the federal government provides energy producers with its most recent information for fiscal year 2010. Over a 3*‐year period, from fiscal year 2007 through fiscal year 2010, total federal energy subsidies increased from $17.9 billion to $37.2 billion, an increase of 108 percent over the 3*‐year period. The largest increases in federal energy subsidies were in renewable and end‐use subsidies. Over the 3‐year period:
Renewable energy subsidies increased by 186 percent from $5.1 billion to $14.7 billion.
• Wind led the various renewables with a more than 10-fold increase in subsidy from $476 million to $4,986 million.
• Solar subsidies increased by more than a factor of 6 from $179 million to $1134 million.
• Subsidies for biofuels increased by 66 percent, from $4 billion to $6.6 billion.
• Conservation and end-use subsidies more than tripled from $4 billion to $14.8 billion. Conservation subsidies increased from $369 million to $6,597 million, a factor of almost 18. End-use subsidies increased from $3,618 million to $8,241 million, more than a doubling.
In contrast,
• Federal subsidies for coal increased 44 percent from $943 million to $1,358 million.
• Federal subsidies for oil and natural gas increased 40 percent from $2,010 million to $2,820 million.
• Federal subsidies for nuclear energy increased 46 percent from $1,714 million to $2,499 million.
Solar got $1.113 billion in subsidies. Coil, oil, and natural gas received $4.178 billion in subsidies during the same period.
how many tax dollars did the oil, coal, and gas industries pump into the US treasury? how much did solar?
Tax credits for exploration are not subsidies, direct payments and no-pay-back loans to solar companies (solyndra) are subsidies.
if you are going to use the word, at least understand what it means