Energy subsidies

In the category of stuff you already knew, I love this chart on levels of subsidies for clean energy, corn ethanol, carbon capture, and fossil fuels:

Environmental Law Institute (www.eli.org/Program_Areas/innovation_governance_energy.cfm)

The take-away message: the US government is not simply doing less than it should be to support renewable energy. The US government is actively spending to support fossil fuels  relative to renewable energy ($70.2 billion vs. $12.2 billion). In fact, it’s spending to subsidize foreign fossil fuel production alone, relative to renewable energy: the Foreign Tax Credit (at $15.3 billion), is in and of itself larger than the amount spent on renewable energy.