NewEnergyNews: $20BIL In Taxpayer $$$ Still Goes To Old Energy

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While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Globalization 4.0 And Climate Change
  • FRIDAY WORLD HEADLINE-Big Money Keeps Going To New Energy
  • FRIDAY WORLD HEADLINE-China Could Be The New Energy Superpower
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, January 17:

  • TTTA Thursday-U.S. Emissions Went The Wrong Way In 2018
  • TTTA Thursday-Wind Gets Bigger, Better, Cheaper
  • TTTA Thursday-Solar Plus Storage Bests NatGas Peakers
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Does transmission planning make transmission building too hard?
  • ORIGINAL REPORTING: Net zero energy homes and solar communities
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: The Compelling Case For Transportation Electrification
  • QUICK NEWS, January 15: A Plan To Attack Climate Change; New Energy Is Reshaping The Power System
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: The U.S. Power Sector Right Now
  • QUICK NEWS, January 14: Cliches Changed By Global Weirding; Coal Country Facing The Change
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • WEEKEND VIDEOS, January 19-20:

  • A TV Western That Predicted The Future
  • Getting To Higher Levels Of New Energy
  • Climate Changing Real Estate Values In Miami

    Thursday, October 05, 2017

    $20BIL In Taxpayer $$$ Still Goes To Old Energy

    Taxpayers on Hook for $20 Billion in Dirty Energy Subsidies Annually, New Study Finds

    Andy Rowell, October 3, 2017 (Oil Change International via EcoWatch)

    “…U.S. taxpayers are handing out a whopping $20 billion in fossil fuel subsidies a year…[as] incentives to artificially lower the cost of production or consumption…[and] encourage more drilling or oil, gas or coal use…Many leading climate scientists believe the recent destructive hurricane season is being driven by [climate changes caused by fossil fuel emissions]…The cost of the subsidies to American taxpayers is equivalent to the projected 2018 budget cuts from Trump's proposals to slash 10 public programs and services, including supports for America's most vulnerable children and families [according to Dirty Energy Dominance: Dependent on Denial]…It concludes that…The U.S. federal and state governments gave away $20.5 billion a year on average in 2015 and 2016 in production subsidies to the oil, gas and coal industries, including $14.7 billion in federal subsidies and $5.8 billion through state-level incentives…Repeated proposals by the Obama administration to remove some of the most damaging federal subsidies were thwarted in large part due to the cozy relationship between Congress and the fossil fuel industry…” click here for more

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