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Oil Subsidies dwarf Subsidies to Renewables

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opednews.com Headlined to H1 9/24/10

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Image from a quicklink How many times have you heard it repeated: Solar energy just can't compete with fossil fuels without incentives and subsidies from the government? Well, the truth is just the opposite. Subsidies to oil, gas and coal are more than TWELVE TIMES as great as subsidies to renwables. And that's just direct subsidies - it doesn't count health costs, environmental degradation, ecosystem damage - all social costs of fossil energy.

Read the rest of the story HERE:

At www.guardian.co.uk

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