NewEnergyNews: WORLD GETS WHAT IT PAYS FOR

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

While the OFFICE of President remains in highest regard at NewEnergyNews, the administration's position on the climate crisis makes it impossible to regard THIS president with respect. Therefore, until November 2020, the NewEnergyNews theme song:

YESTERDAY

  • TTTA Wednesday- ORIGINAL REPORTING: Achieving A Distributed Energy System Could Require A Self-Driving Grid
  • TTTA Wednesday-Grid Modernization Planning Jumped 33% In 2019
  • THE DAY BEFORE

  • MONDAY’S STUDY: All About Storage
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: 2020 Is Even Hotter
  • Weekend Video: Real Estate Values Sinking From Rising Climate Crisis
  • Weekend Video: Tesla’s Role In The New Energy Future
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Accelerated Ocean Currents Show Crisis Is Getting Faster
  • FRIDAY WORLD HEADLINE-Big Money Going To New Energy Thru 2025
  • THE LAST DAY UP HERE

  • TTTA Wednesday-ORIGINAL REPORTING: The Known Unknowns For 100% Renewables
  • TTTA Wednesday-Now “Cheaper To Save The Climate Than To Destroy It”
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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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  • FRIDAY WORLD, February 21:
  • NatGas Driving The Climate Crisis
  • Proven And Promising Utility-Scale Storage

    Friday, February 03, 2012

    WORLD GETS WHAT IT PAYS FOR

    Governments Spend $1.4 Billion Per Day to Destabilize Climate
    Lester Brown, January 19, 2012 (EcoWatch)

    "We distort reality when we omit the health and environmental costs associated with burning fossil fuels from their prices. When governments actually subsidize their use, they take the distortion even further. Worldwide, direct fossil fuel subsidies added up to roughly $500 billion in 2010…

    "…[S]upports on the production side totaled some $100 billion. Supports for consumption exceeded $400 billion, with $193 billion for oil, $91 billion for natural gas, $3 billion for coal and $122 billion spent subsidizing the use of fossil fuel-generated electricity. All together, governments are shelling out nearly $1.4 billion per day to further destabilize the earth’s climate."


    click to enlarge

    "The government of Iran spent the most on promoting fossil fuel consumption in 2010, doling out $81 billion in subsidies…20 percent of the country’s gross domestic product. Saudi Arabia was a distant second at $44 billion. Rounding out the top five were Russia ($39 billion), India ($22 billion) and China ($21 billion)…Kuwait’s fossil fuel subsidies were highest on a per capita basis, with $2,800 spent per person. The United Arab Emirates and Qatar followed, each spending close to $2,500 per person…

    "In contrast to the $500 billion in fossil fuel supports in 2010, renewable energy received just $66 billion in subsidies—two thirds for electricity generation from wind, biomass and other sources, and one third for biofuels…[A] long legacy of governments propping up oil, coal and natural gas has resulted in a very uneven energy playing field…A world facing economically disruptive climate change can no longer justify subsidies to expand the burning of coal and oil…"

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