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US: Fossil fuel subsidies dwarf renewables’ – study

Total subsidies for renewable energy stood at US$66bn in 2010, but are still dwarfed by the total value of global fossil fuel subsidies estimated at between US$775bn and more than US$1trn in 2012, according to new research conducted for the WorldWatch Institute’s Vital Signs Online service. Although the It’s time to log in (or subscribe). … Continued

Total subsidies for renewable energy stood at US$66bn in 2010, but are still dwarfed by the total value of global fossil fuel subsidies estimated at between US$775bn and more than US$1trn in 2012, according to new research conducted for the WorldWatch Institute’s Vital Signs Online service.

Although the

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