Coal and agrofuels win the subsidy sweepstakes

[RedEarth]

Via the WSJ energy blog, follow the money:

Since 1999, federal energy subsidies have more than doubled-from $8.2 billion to $16.6 billion in 2007. Who gets the most?

'Renewables' landed $4.8 billion last year, but that includes $3.25 billion for ethanol and other biofuels.

Coal and cleaner-burning "refined" coal took home $3.3 billion, while the nuclear power industry got $1.3 billion.

In all, about 40% of the energy subsidy pie went toward electricity production; the rest for things like alternative fuels and energy conservation.

http://gristmill.grist.org/story/2008/4/28/184751/123

[Zachstar]

1. Looks about right

Coal = Needed so mise well be cleaner

Ethanol = Well atleast now they are close to getting it from switchgrass

Nuc = Normal

Everything else: If it aint oil it is ok.

[losthills]

2. Congratulations!

You just won the Lost Hills Stupidest Post Of The Year Award.

You have hit such a high level of stupidity with this post that we are permanently ending the competition. It's obvious that no one else can ever hope to achieve this level of stupidity in such a short post ever again....

[Zachstar]

3. No thanks I need no rewards from your flippin fantasy world.

My post was sound.

[poopfuel]

4. reality check, big oil subsidies the largest

http://www.icta.org/doc/RPG%20security%20update.pdf
http://www.energyandcapital.com/articles/oil-gas-crude/461

http://www.earthtrack.net/earthtrack/library/SubsidyReformOptions.pdf
(go right to page 4 for the chart)

Without the giveaways, we'd be paying at least $7 a gallon at the pump. AT LEAST.

Thanks for giving your tax dollars to Big Oil everyone.