Comments on: New Energy Economy: Part 2, Exploring the Tough Questions http://climateprogress.org/2008/11/20/new-energy-economy-part-2-exploring-the-tough-questions/ The Latest on Climate Science, Solutions, and Politics Sun, 08 Nov 2009 12:18:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Bill Becker http://climateprogress.org/2008/11/20/new-energy-economy-part-2-exploring-the-tough-questions/#comment-22781 Bill Becker Sun, 23 Nov 2008 13:31:23 +0000 http://climateprogress.org/2008/11/20/new-energy-economy-part-2-exploring-the-tough-questions/#comment-22781 Manuel - Coal and oil subsidies take many forms, some of them monetary and some in the form of relaxed environmental standards and other policy. For example, the United States charges one of the lowest royalty rates in the world for allowing oil and gas companies to drill on public lands. The oil and gas industries both benefit from publicly funded R&D, including the enormous amounts of taxpayer money being invested in research on carbon capture and sequestration. Both industries receive a variety of tax breaks. In the nonmonetary category, the Bush Administration has relaxed environmental regulations to allow coal companies to dump their wastes in waterways in Appalachia, where the companies literally remove the tops of mountains to mine coal. And over the last several years, the Bush Administation has relaxed environmental reviews to speed up the issuance of leases for oil and gas exploration on public lands in the West, at the same time it has slowed down approval for solar installations on public lands. One good source of information on subsidies is Doug Koplow of Earth Track. http://www.earthtrack.net/earthtrack/index.asp?page_id=151&catid=74. Manuel – Coal and oil subsidies take many forms, some of them monetary and some in the form of relaxed environmental standards and other policy.

For example, the United States charges one of the lowest royalty rates in the world for allowing oil and gas companies to drill on public lands. The oil and gas industries both benefit from publicly funded R&D, including the enormous amounts of taxpayer money being invested in research on carbon capture and sequestration. Both industries receive a variety of tax breaks.

In the nonmonetary category, the Bush Administration has relaxed environmental regulations to allow coal companies to dump their wastes in waterways in Appalachia, where the companies literally remove the tops of mountains to mine coal. And over the last several years, the Bush Administation has relaxed environmental reviews to speed up the issuance of leases for oil and gas exploration on public lands in the West, at the same time it has slowed down approval for solar installations on public lands.

One good source of information on subsidies is Doug Koplow of Earth Track. http://www.earthtrack.net/ earthtrack/ index.asp?page_id=151&catid=74.

]]> By: Manuel http://climateprogress.org/2008/11/20/new-energy-economy-part-2-exploring-the-tough-questions/#comment-22585 Manuel Thu, 20 Nov 2008 20:17:45 +0000 http://climateprogress.org/2008/11/20/new-energy-economy-part-2-exploring-the-tough-questions/#comment-22585 Hello, will you elaborate on Federal funding for oil and coal industry. Please provide information on articles in your blog which talk about U.S. energy policy or provide an outside link Hello, will you elaborate on Federal funding for oil and coal industry. Please provide information on articles in your blog which talk about U.S. energy policy or provide an outside link

]]>