Re:How many gallons of gasoline would it take to charge an i...
by liber8 on Wednesday February 08, 2012 @12:55PM
(#3567588)
What "true subsidies" are you referring to? The link you cite to doesn't really mention any. The three biggest fossil fuel subsidies listed are:
Foreign tax credit ($15.3 billion), the Credit for production of non-conventional fuels ($14.1 billion), and the Oil and Gas exploration and development expensing ($7.1 billion).
The first and third are deductions just about every global corporation gets. The second one appears to be subsidizing alternative fuels, not fossil fuels at all.
Foreign tax credit ($15.3 billion), the Credit for production of non-conventional fuels ($14.1 billion), and the Oil and Gas exploration and development expensing ($7.1 billion).
The first and third are deductions just about every global corporation gets. The second one appears to be subsidizing alternative fuels, not fossil fuels at all.