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Energy Tomorrow Blog

Fact-Check on Fuel Subsidies

taxes  tax deductions  subsidies  spr  renewable energy  energy taxes 

Kyle Isakower

Kyle Isakower
Posted April 2, 2012

Update: The author has changed the article, without noting so. Original article hereThe new article suffers from many the same problems in that it fails to note that the majority of the money involved is through government efforts to lower prices in developing countries.  As the IEA notes ending this support will shift "the burden of high prices from government budgets to individual consumers…" and that “…low-income households are likely to be disproportionately affected by the removal…”

We see a lot of false arguments about “subsidies” for the oil and natural gas industry, but this tweet caught us by surprise...

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