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Showing results for tags 'subsidies'.
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Let's kill this myth: renewable energy gets subsidies whereas fossil fuels and nuclear energy don't Short answer: Fossil fuels and nuclear energy have gotten subsidies for decades. Actually, fossil fuels have received government subsidies for 100 or so years. These days, fossil fuel subsidies reportedly total approximately $5 trillion globally each year. Despite tremendous health costs, climate costs, and countless premature deaths caused by pollution, these super rich and overly mature industries receive subsidies that serve no genuinely useful purpose for society. Renewable energy also receives subsidies, but not to the same degree. Longer answer: https://cleantechnica.com/2018/01/26/renewable-energy-doesnt-get-subsidies-fossil-nuclear-sources-gotten-continue-get/