Fossil Fuel Subsidies: A Taxpayer Perspective

From "Taxpayers for Common Sense"



Cut fossil fuel subsidies...
As a first step toward action on climate change, the U.S. should cut over $5 billion in annual subsidies to the fossil fuel industry. Eliminating subsidies for oil, gas, and coal can attract broad political support because it will save taxpayer money, reduce greenhouse gas emissions, and eliminate obsolete government programs. Cutting government support for fossil fuels is a common sense idea supported by economists, climate scientists, international organizations, and free-market activists. Taxpayers don’t need to wait for international negotiations.
Congress and the Administration should act immediately to cut fossil fuel subsidies


Save taxpayers $5 billion a year…
The fossil fuel industry is no longer an infant enterprise that can argue for government nurturing, but a mature industry that does not deserve government handouts. The sixteen subsidies highlighted in this fact sheet give coal, oil, and natural gas over $5 billion per year. The industry has already received more than its fair share, collecting $150 billion in subsidies from the federal government between 1918 and 1978, according to the U.S. Department of Energy. Finally, many of the existing subsidies, such as funds for a rural electrification agency, continue to drain tax dollars even though their original purpose has long been fulfilled or forgotten.

read the full article:
http://www.taxpayer.net/TCS/fuelsubfact.htm

can you imagine if renewable energy got funding like this?

Every house in America could have a power plant on their roof...

Someday soon this will have to happen...

It is up to Americans to force this issue.

check out
http://www.apolloalliance.org/

the Apollo Alliance has a plan.