According to the International Energy Agency (IEA), the amount of subsidies to the fossil fuel industry topped $409 billion worldwide in 2010 (see chart), an estimated $12 billion of which goes to domestic suppliers. Such subsides help keep the consumer cost of gasoline, heating oil, natural gas, and coal-produced electricity at artificially low prices and perpetuate the delusion of affordability. βItβs a smokescreen to consumers,β says Edward Mazria of Architecture 2030. βAll they see is their monthly utility bill or the price at the pump, not where their tax dollars go [to subsidies].β While Mazria and others would like to see such subsidies eliminated or redirected to renewable energy industries, at the very least their impact should be made public. βIf we had a level playing field, it would be another driver to change,β says Mazria.
Vision 2020

Double-Dipping on Carbon
Fossil fuels still heavily subsidized.
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