Chris Searles Writes Here
A serious blog considering today's impacts on our environment.
Nov 17, 2011
US Oil received 44% of US Energy Incentives, 1950-2010
Why is it that the Oil industry, the world's most profitable energy sector, has recv'd 44% of all US energy subsidies since 1950? I don't get it.
A new report commissioned by the Nuclear Energy Institute,
60 Years of Energy Incentives: Analysis of Federal Expenditures for Energy Development
shows the following lead chart.
(Click to enlarge)
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