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Commodities Briefing - Categorized | Financial, Oil more

Fossil fuel subsidies growing despite concerns

Posted on 30 April 2014

Government subsidies for renewable energy cause great consternation to those who believe in the sanctity of free markets. “If they can’t stand on their own feet, then why support them?” the argument goes.
But in actual fact, most energy sources are subsidised, and none more so than fossil fuels. Indeed in straight numerical terms, subsidies for oil, coal and gas far outweigh those for renewables………………………………………..Full Article: Source


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VRS - who has written 36658 posts on Opalesque Commodities Briefing.


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