Deaths-head Jester

About:
[The Project]
[The ApocaDocs]
[Equal Share]
The Six Scenarios:
[Species Collapse]
[Infectious Disease]
[Climate Chaos]
[Resource Depletion]
[Biology Breach]
[Recovery]
Explore:

Play:

It's weekly, funny, and free!

SEARCH

More than 5,600 stories!

A great gift
for crisis deniers!


The ApocaDocs have a Book!
Humoring the Horror of the
Converging Emergencies
94 color pages
$24.99 now $15!
Or read FREE online!




Twitter




Ping this story
in social media:
del.icio.us
Digg
Newsvine
NowPublic
Reddit
Facebook
StumbleUpon

Posted Sat Jul 31 2010: from Technology Review:
Fossil Fuel Subsidies Dwarf Support for Renewables http://apocadocs.com/s.pl?1280589295
A new report from Bloomberg New Energy Finance says altogether governments spent between $43 and $46 billion on renewable energy and biofuels last year, not including indirect support, such as subsidies to corn farmers that help ethanol production. Direct subsidies of fossil fuels came to $557 billion, the report says. This disparity raises the question--if the report is right and fossil fuels require so much backing, can they compete with renewables without government support? After all, some renewables--such as sugarcane based biofuels and some wind farms--can already compete with fossil fuels. Without the huge government subsidies for fossil fuels, wouldn't they be eclipsed by renewables? The answer, for now, is no. So far renewables just can't provide enough fuel and power to displace fossil fuels.
[Read more stories about: bad policy, coal issues, oil issues, alternative energy]

New!:
No reader quips yet -- be the first!

Got a PaniQuip?

Your Quip (limit 140 characters, no links, just wit):

First name:

The text shown in the Web image to the right:


We reserve the right to reuse, remove, or refuse any entry.

'Doc Jim says:
Quit subsidizing the most profitable industry on earth? But who knows what chaos might ensue?

NEXT>
More stories:
  • Scientists Find Evidence That Oil And Dispersant Mix Is Making Its Way Into The Foodchain
  • Toxic Cancer-Causing Dyes Found in China Garments
  • (Fossil Fuel Subsidies Dwarf Support for Renewables)
  • July could be hottest month on record
  • Technically Speaking: Hacking the Planet

  • Want to explore more?
    Try the PaniCloud!
    Copyright 2010 The Apocadocs.com