Does the U.S. government provide subsidies for fossil-fuel burning power plants?



  1. 0 Votes

         It does. According to a report by the Environmental Law Institute, the fossil fuel industry received $72.2 billion in government subsidies between 2002 and 2008. For comparison, the renewable energy industry received $29 billion during the same period.

         President Obama’s 2011 budget plans to do away with $36.5 billion in tax breaks for the  oil and natural gas industries and $2.3 billion for the coal industry. Unfortunately, the powerful energy lobby may keep this from happening.   

    The Environmental Law Institute’s report is available for free online: 

Please signup or login to answer this question.

Sorry,At this time user registration is disabled. We will open registration soon!