A report by the Environmental Law Institute, a Washington, D.C.-based non-profit research and educational organization, indicates that fossil fuels garners the largest share of government energy subsidies. Estimating U.S. Government Subsidies to Energy Sources: 2002-2008 totals government expenditures on different energy sources, both in direct spending and in foregone revenue resulting from tax breaks. The report found that fossil fuels benefited from approximately $72,000,000,000 US (over a seven-year period) compared to subsidies for renewable fuels of $29,000,000 US. (Source: Washington Independent, September 18, 2009)
Contact: Leslie Carothers, President, Environmental Law Institute, [email protected], www.eli.org, Estimating U.S. Government Subsidies to Energy Sources: 2002-1008 Details.