Energy Subsidies.pdf

FedSubs2003.pdf
Preview of Energy Subsidies
🔗 Source: earthtrack.net
📊 Size: 102 KB
👤 Author: Administrator
⬇️ Downloads: 85

Summary

Federal subsidies to energy in 2003 were between $37 and $64 billion, with the largest sources including defending oil shipping lanes, improper accounting for inventory holding costs, construction and maintenance of water infrastructure, and federal spending on energy R&D. Subsidies also encouraged increased demand for energy through subsidies to driving and construction, with subsidies to road infrastructure and tax breaks for acquiring larger spaces totaling over $7 billion and $100 billion per year, respectively. Excluded from the estimate are credit subsidies, energy-related externalities, and new energy subsidies, which would further increase the total subsidies to energy.

Description

Federal subsidies to energy in 2003 were between $37 and $64 billion, with the largest sources including defending oil shipping lanes, improper accounting for...

Technical Information

  • File Format: PDF
  • File Size: 102 KB
  • Pages: 13
  • Language: EN
  • Author: Administrator
  • Total Downloads: 85
  • Last Updated: 6 days ago

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