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USA Government subsidies to oil, gas and nuclear far exceed investments in renewables

Early Fossil Fuel & Nuclear Energy Subsidies Crush Early Renewable Energy Subsidies September 27th, 2011 by Stephen Lacey The political reaction to the Solyndra scandal has been laughably devoid of both short-term and long-term historical perspective. In an attempt to exploit a political opportunity, many House Republicans are railing against government investments in the renewable energy sector. However, those same politicians requested millions of dollars for cleantech projects in their own states just a year or two before.

This bad case of amnesia stretches far beyond the last two years. Apparently, many in Congress have forgotten about the last 100 years of government investments in oil, gas and nuclear — all of which have far outpaced investments in renewable energy like solar PV, solar thermal, geothermal and wind……..http://cleantechnica.com/2011/09/27/early-fossil-fuel-nuclear-energy-subsidies-crush-early-renewable-energy-subsidies/

April 22, 2015 - Posted by Christina Macpherson | general