Thursday, January 26, 2012

Eliminate Subsidies for Horrible Things

"Phasing out fossil fuel subsidies 'could provide half of global carbon target'"
http://www.guardian.co.uk/environment/2012/jan/19/fossil-fuel-subsidies-carbon-target

"Dirty Money
The astonishing new data showing that simply eliminating inefficient
fossil fuel subsidies could achieve half the world's carbon reduction
goals."
http://www.slate.com/articles/business/moneybox/2012/01/fossil_fuel_subsidies_and_global_warming_we_could_cut_the_climate_change_problem_in_half_simply_by_abolishing_inefficient_fossil_fuel_subsidies_.html

Hmmm...Well, now that I've actually read more than the headlines, this
is less exciting/aggravating than when I thought it was all due to US
tax breaks for Exxon instead of consumption subsidies in Saudi Arabia,
Russia, and Iran. But seriously, Exxon should still have to pay taxes
in the US.

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