How we subsidize fossil fuels

By at 6:26 pm Wednesday, Jul 14

fossilfuels.jpg

This is a little old, but I ran across it on Jon Taplin's blog recently and I think it does a good job of making an important point—fossil fuel, as an industry, isn't self supporting. No matter where we get our energy from, we're propping up production with tax dollars.

Couple things to keep in mind with this graph:

Not all fossil fuel subsidies are evil. (Frankly, I think we can drop the fossil fuels part and say "not all subsidies are evil", but I digress.) The Environmental Law Institute—who compiled the research and created this graphic—points out a great example: The Low-Income Home Energy Assistance Program. That's calculated under subsidies to fossil fuels. It's by no means a big part of fossil fuel subsidies, but it's there.

This accounting doesn't include all spending. For instance, there are programs that, arguably, spend money as a direct result of the fossil fuel industry, but that aren't technically subsidies. The Oil Spill Liability Trust Fund, say, or, more controversially, money spent on military campaigns at least partially influenced by a desire to stabilize/defend/friendly-fy oil-producing countries.

Read the full paper this graph is based on. See the full graph with footnotes.

Read more 

Maggie Koerth-Baker

I do the Twitter, the Google+, and (to a much lesser extent) the Facebook.

Books
• Before the Lights Go Out: Conquering the Energy Crisis Before It Conquers Us, my book about the future of energy in the United States, will be published April 10th.

Upcoming Appearances
• February 20 at British Columbia Sustainable Energy Association — Vancouver. 7:00 pm
• February 29 at University of Minnesota: Frontiers in the Environment seminar
• March 1 at Huge Theater, Minneapolis: The Theater of Public Policy
• March 12 at University of Illinois — Urbana-Champaign
• March 27 at Penn State Institutes on Energy and the Environment
• March 29-31 at York College of Pennsylvania: Writer in residence
• April 2 at MIT: The New GeekSpeak: Science Journalists' New Toolbox, with Eli Kintisch and John Bohannon — Maseeh Hall, 4:00 pm
• April 9-13 at University of Colorado, Boulder: 64th Annual Conference on World Affairs
• April 10 at Colorado State University, Fort Collins — 4:00 pm
• June 22-25 in Aspen, Colorado: Aspen Environment Forum

Where not otherwise specified, this work is licensed under a Creative Commons License permitting non-commercial sharing with attribution. Boing Boing is a trademark of Happy Mutants LLC in the United States and other countries.