1. Realize that 'half a trillion dollars' is a ridiculous number, and it makes you look like an utter nut job. I found a far left nut job website that hates big oil (but still uses it, btw), and they put the number at around 4 billion. In other words, even if I allow the 4 billion dollars in subsidies LIE, your 'half a trillion' was 125 TIMES more than even the other nut jobs claim.
Not only does your emotional name calling come dangerously close to breaking forum rules, it exposes your
woeful ignorance on this topic!
EG: Do you know what the
International Energy Agency is, who set it up, and what it does? Here's a pretty picture to remind you.
Will you bother to listen to them and not just this 'nut job' on the internet?
The IEA, within the framework of the World Energy Outlook, has been measuring fossil-fuel subsidies in a systematic and regular fashion for more than a decade. Its analysis is aimed at demonstrating the impact of fossil-fuel subsidy removal for energy markets, climate change and government budgets. The IEA’s latest estimates indicate that fossil-fuel consumption subsidies worldwide amounted to $548 billion in 2013, $25 billion down on the previous year, in part due to the drop in international energy prices, with subsidies to oil products representing over half of the total. Those subsidies were over four-times the value of subsidies to renewable energy and more than four times the amount invested globally in improving energy efficiency.
IEA - Energy Subsidies
Impact of Fossil Fuel Subsidies on Renewable Energy
In 2013, the International Energy Agency (IEA) estimates that consumer subsidies for fossil fuels amounted to US$548 billion, while subsidies for renewable energy amounted to US$121 billion. However, a simple comparison of subsidy expenditure does not reveal the extent to which renewable energy is disadvantaged. To understand the exact impact of this distorted playing field, it is necessary to explore how different kinds of subsidy can affect investment decisions in different ways in specific energy sectors.
Impact of Fossil Fuel Subsidies on Renewable Energy | Global Subsidies Initiative
Fossil fuel subsidies reached $90 billion in the OECD and over $500 billion globally in 2011.[1] Renewable energy subsidies reached $88 billion in 2011.[2] According to Fatih Birol, Chief Economist at the International Energy Agency without a phasing out of fossil fuel subsidies, we will not reach our climate targets.[3]
Energy subsidies - Wikipedia, the free encyclopedia
Data Highlights - 36: The Energy Game is Rigged: Fossil Fuel Subsidies Topped $620 Billion in 2011 | EPI
Time to change the game: fossil fuel subsidies and climate | Publication | Overseas Development Institute (ODI)
3. Learn to do math. Even if we say that our tax dollars are just given away to greedy oil companies for fun, there is more math to do. For example, there are approximately 140 billion gallons of gas sold in the US each year, and federal and state taxes add up to approximately 50 cents per gallon. That means, that even if we give them FOUR billion dollars, the tax revenue alone just from gas is around 70 BILLION. I wouldn't call that a crime, I'd call that a great investment.
Dude, try again:
1. They
already get kickbacks, discounts, subsidies, etc.
2. They then cost the society
far more in health costs
Increased levels of fine particles in the air as a result of anthropogenic particulate air pollution "is consistently and independently related to the most serious effects, including lung cancer[5] and other cardiopulmonary mortality."[47] The large number of deaths[48] and other health problems associated with particulate pollution was first demonstrated in the early 1970s[49] and has been reproduced many times since. PM pollution is estimated to cause 22,000-52,000 deaths per year in the United States (from 2000)[50] contributed to ~370,000 premature deaths in Europe during 2005.[51] and 3.22 million deaths globally in 2010 per the global burden of disease collaboration.[52]
A 2002 study indicated that PM2.5 leads to high plaque deposits in arteries, causing vascular inflammation and atherosclerosis — a hardening of the arteries that reduces elasticity, which can lead to heart attacks and other cardiovascular problems.[53] A 2014 meta analysis reported that long term exposure to particulate matter is linked to coronary events. The study included 11 cohorts participating in the European Study of Cohorts for Air Pollution Effects (ESCAPE) with 100,166 participants, followed for an average of 11.5 years. An increase in estimated annual exposure to PM 2.5 of just 5 µg/m3 was linked with a 13% increased risk of heart attacks.[54]
The World Health Organization (WHO) estimated in 2005 that "... fine particulate air pollution (PM(2.5)), causes about 3% of mortality from cardiopulmonary disease, about 5% of mortality from cancer of the trachea, bronchus, and lung, and about 1% of mortality from acute respiratory infections in children under 5 years, worldwide.".[55] Short-term exposure at elevated concentrations can significantly contribute to heart disease. A 2011 study concluded that traffic exhaust is the single most serious preventable cause of heart attack in the general public, the cause of 7.4% of all attacks.[56]
Particulates - Wikipedia, the free encyclopedia
A French study of nearly a million citizens (in 1994) found even low particulate pollution can generate substantial costs: "The extrapolated annual estimates of the attributable cost of respiratory diseases for a population of 1 million range between 79 and 135 million French francs... Mortality was not considered in this study. Most of these costs occur at relatively low levels of air pollution (67% of the total annual costs are incurred during days with particle concentrations lower than 50 micrograms/m3). Such substantial figures are useful for assessing the social impacts of air pollution and for evaluating the cost efficiency of abatement policies."
I can't believe your attempt at the 'maths' above: unsubstantiated, unreviewed, absolute codswallop! Fossil fuels cost society far,
far more than their retail electricity or pump price! Your replies to my previous few posts have been
woefully inadequate: a junior high kid that bothered to do their homework could do better. Hint: do some reading of peer-reviewed journals and maybe stay away from FOX NEWS for once in your life!