Adding insult to injury, U.S. taxpayers subsidize climate-disrupting fossil fuel industry with $7 billion per year

New report breaks down public cost of supporting oil and coal Staff Report The as-yet barely checked use of fossil fuels is rapidly disrupting the global climate and to add insult to injury, taxpayers around the world are supporting the damage with huge subsidies, as well as tax breaks and loopholes. A new report fromContinue reading “Adding insult to injury, U.S. taxpayers subsidize climate-disrupting fossil fuel industry with $7 billion per year”

Shoddy accounting by feds hinders a valid cost comparison between fossil fuel and emerging renewable energy sources

Reporting by Energy Information Administration tilts the playing field against renewables By Summit Voice SUMMIT COUNTY — A new federal report on energy subsidies is skewed in favor of fossil fuel and nuclear power, according to watchdog group that performed its own analysis to show the true scope of taxpayer funds going to oil companies,Continue reading “Shoddy accounting by feds hinders a valid cost comparison between fossil fuel and emerging renewable energy sources”