18 Jun '12, 6pm

Ending Fossil Fuel Subsidies Will Save Taxpayers Billions Every Year

Ending Fossil Fuel Subsidies Will Save Taxpayers Billions Every Year

The only people in the world who actually benefit from the government subsidies doled out to fossil fuel companies —to the tune of over $775 billion annually, in total around the world—are the fossil fuel companies themselves. It should be obvious, and not need repeating, or be a controversial statement, but it is and is why NRDC has just released a report detailing the myriad benefits of shutting off the corporate welfare tap flowing to oil, coal, and natural gas companies. Beyond that financial savings to taxpayers around the world, each year, NRDC outlines the following benefits of ending fossil fuel subsidies: Cut carbon dioxide emissions 6% by 2020. Reduce overall energy demand 5% by 2020. Importantly, they won't hurt the poor , as the vast majority of fossil fuel subsidies are not at the consumer level, and instead benefit wealthy corporations directly and solely. Mo...

Full article: http://www.treehugger.com/energy-policy/ending-fossil-fue...

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Ending fossil fuels subsidies would be an environmental and economic win for the world #EndFossilFuelSubsidies #p2

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nrdc.org 18 Jun '12, 2pm

Press contact: Bob Keefe, NRDC, 202-650-4625 or [email protected] or Elizabeth Heyd, 202-289-2424 or [email protected] If you a...

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Please come to our 5 year anniversary:

Please come to our 5 year anniversary:

timwendelboe.no 19 Jun '12, 12pm

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on subsidies at #Rioplus20:

on subsidies at #Rioplus20:

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onearth.org 18 Jun '12, 8pm

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Twitter Storm to End Fossil Fuel Subsidies: Filed under: Energy News

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cleantechnica.com 08 Jun '12, 3pm

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