Sunday, October 01, 2023

Biden admin quietly released study showing green energy receives far more subsidies than fossil fuels | Fox News

Biden admin quietly released study showing green energy receives far more subsidies than fossil fuels | Fox News
"...the federal government doled out $183.3 billion in direct and mainly indirect taxpayer subsidies, more than half of which came over the last three years.
"For years Democrats have claimed technologies like solar energy are cheaper than coal, oil, natural gas, and nuclear. This report makes clear that solar is largely dependent on heavy subsidies with taxpayer dollars," Senate Energy and Natural Resources Committee Ranking Member John Barrasso, R-Wyo., told Fox News Digital.
...Energy end use subsidies, like energy efficiency- and conservation-related tax provisions, represented the next-largest slice of energy sector federal subsidies after renewable power, according to the EIA report. 
End use sources received $64.8 billion in subsidies, equivalent of 35% of total energy-related subsidies doled out by the federal government...

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