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Bill USA

(6,436 posts)
Thu Aug 22, 2013, 03:42 PM Aug 2013

the GOP say cuts to foodstamps are needed to lower the Deficit but fight to keep Big Oil's subsidies

Republicans said Ethanol didn't need its subsidies in 2010 because it was a 'mature' industry (making ethanol for fuel had some efforts made in the 80's but really only got started in a big way in the 1990s, making it about 20 years old as an industry. They have been refining oil for lubricants and fuel for over 100 years - and it apparently is NOT a mature industry.

Fossil Fuel Subsidies - http://priceofoil.org/fossil-fuel-subsidies/


$4 Billion: Subsidy cuts President Obama proposed in the 2013 budget.

President Obama has proposed cutting fossil fuel subsidies every year he’s been in office. The projections for savings have varied slightly each year but always hover around $4 billion annually. Congress has never even proposed voting on all of them.

$10 billion. Low end credible comprehensive estimates. Several recent independent estimates of U.S. fossil fuel subsidies all arrive at roughly this number, although they consider slightly different things. Recent studies include those conducted by Management Information Services, Environmental Law Institute, and the Organization for Economic Cooperation and Development – OECD. (The OECD numbers compiled and analyzed here.)

The Sanders / Ellison “End Polluter Welfare Act” also clocks in at $11.3 billion annually.

$52 billion. Highest credible comprehensive estimate. Includes some costs associated with defending pipelines and shipping lanes in the Persian Gulf. Earth Track, an NGO that specializes in subsidy valuation, estimates that annual oil, gas and coal subsidies total about $52 billion annually.

As if that wasn’t enough, the reality is that the fossil fuel industry has profound impacts in much bigger ways.

Health. A 2009 report by the National Academy of Sciences claims that burning fossil fuels results in about $120 billion per year in health-related costs.

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Costs from climate change. The costs of accelerating climate change are staggering, and are certainly greater than the costs of ending our dependence on fossil fuels. [font color="blue"] (THese costs which impact various sectors of the economy but are not born by the oil industry - and thus do not show up in the price of gasoline - are implicit subsidies to the Oil industry_Bill USA)[/blue]
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Estimates of the Cost of Climate Change
http://www.climatefundsupdate.org/resources/estimated-costs-climate-change

Study __________ 2010-2015____________Method____________________________________________

Oxfam (2007)...... >$50 Bil/yr ................ Based on World Bank (2006), plus extrapolation of costs from NAPAs and NGO projects

UNDP HDR (2007) $86-$109 Bil/yr .......... Builds on World Bank (2006), plus cost of adapting Poverty Reduction Strategy Papers and strengthening disaster response

World Bank (2006) ..... $9-$41 Bil/yr ........ Costs of climate proofing ODA, foreign and domestic investment
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the GOP say cuts to foodstamps are needed to lower the Deficit but fight to keep Big Oil's subsidies (Original Post) Bill USA Aug 2013 OP
Fuck 'em........ dhill926 Aug 2013 #1
7 billion people under mind control chameleon32 Aug 2013 #2
FUCK THE GOP lcordero2 Aug 2013 #3
They are degenerates PopeOxycontinI Aug 2013 #4
OK, let's cut the 'management money' JP Morgan, Martin Marietta etc get for SNAP .. Myrina Aug 2013 #5
thanks for making me aware of something I knew nothing about (how many othrs in same boat?) see link Bill USA Aug 2013 #7
Paging Dem leadership Doctor_J Aug 2013 #6
Of COURSE they do. kristopher Aug 2013 #8

PopeOxycontinI

(176 posts)
4. They are degenerates
Fri Aug 23, 2013, 03:05 AM
Aug 2013

Filthy, corrupt, hypocritical, degenerate sociopaths. I think the GOP should be just as marginalized as neo-nazis.
They are turning the US into a Dickens novel with iphones.

Myrina

(12,296 posts)
5. OK, let's cut the 'management money' JP Morgan, Martin Marietta etc get for SNAP ..
Fri Aug 23, 2013, 09:48 AM
Aug 2013

... oh yea, those big ass evil companies moved into the 'program management' aspect of Social Service programs during the Clinton/Tommy Thompson W2 "Welfare to Work" years.

If they want to cut 'waste', they can cut however much overhead those rat-bastard companies are taking in to "administer" the programs.

 

Doctor_J

(36,392 posts)
6. Paging Dem leadership
Fri Aug 23, 2013, 01:08 PM
Aug 2013

This should be repeated at every constituent meet-up and every TV appearance starting now (Dems don't get radio appearances)

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