02 Oct '11, 7pm

Oil Lobbyists Targeting “Super Committee”

Oil Lobbyists Targeting “Super Committee”

The $1.2 trillion that the committee must trim from the budget is to be spread out over the next 10 years, meaning that the total in cuts would amount to roughly $120 billion per year. The dirty energy industry, particularly oil companies, are scared to death that their subsidies will be nonexistent in the years to come after cuts are made. And they have plenty of reasons to worry. After a bitter fight late last year, and then again in the Spring of 2011, over ending subsidies to multi-billion dollar oil companies, the industry sees that the end is near. After all, these are companies that routinely pull in more than $30 billion a year in profits each , while their entire industry is subsidized by the federal government to the tune of close to $4 billion a year. These subsidies dwarf the meager amounts given to clean technologies like solar ($457 million a year) and wind (...

Full article: http://www.desmogblog.com/oil-lobbyists-targeting-super-c...

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BHG Singapore Super Sale

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QUOTE UR OWN PRICES, super nego

QUOTE UR OWN PRICES, super nego

sgflea.livejournal.com 06 Oct '11, 9am

SGFLEAMARKET - QUOTE UR OWN PRICES, super nego Recent Entries Members Archive User Info Links Community rules Mod Posts FA...