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  • commented 9/28/11
  • tags: FSLR LDK XOM BP SPWR STP
  • EIA Releases New Subsidy Report: Subsidies for Renewables Increase 186 Percent



    At the request of congress, the Energy Information Administration (EIA), an independent agency of the U.S. Department of Energy, evaluated the amount of subsidies that the federal government provides energy producers for fiscal year 2010. Over a 3-year period, from fiscal year 2007 through fiscal year 2010, total federal energy subsidies increased from $17.9 billion to $37.2 billion, an increase of 108 percent over the 3-year period. Of the increase, 77 percent was due to the Obama administration's economic stimulus law. The largest increases in federal energy subsidies were... Read the full article here

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    EIA Releases New Subsidy Report: Subsidies for Renewables Increase 186 Percent At the request of congress, the Energy Information Administration (EIA), an independent agency of the U.S. Department of Energy, evaluated the amount of subsidies that the federal government provides energy producers for fiscal year 2010.[i] Over a 3-year period, from fiscal year 2007 through fiscal year 2010, total federal energy subsidies increased from $17.9 billion to $37.2 billion, an increase of 108 percent over the 3-year period. Of the increase, 77 percent was due to the Obama administration's economic stimulus law. The largest increases in federal energy subsidies were... Read the full article here



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