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Fuelinggood

EIA Reports on Energy Subsidies

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Ethanol is always catching flack for "subsidies". Most don't realize the Volumetric Ethanol Excise Tax Credit (VEETC) expired in 2011, along with the import tariff and for the most part, the infrastructure tax credit. Some claim the RFS is a subsidy, which is borderline comical.

 

I thought I would share EIA's report from today on energy subsidies. You can see that fossil fuels still dominate all renewables, and ironically this week is also the 113th anniversary of oil subsidies.

 

http://1.usa.gov/1AuIXoq

 

Robert

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After more than one-hundred years of development, are fossil fuels still considered a fledgling energy source? Tell the fossil fools in Congress to yank fossil fuel subsidies, federal property lease waivers and federal property royalty waivers.

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