February 28th, 2013 | by Earth Policy Institute
The energy game is rigged in favor of fossil fuels because we omit the environmental and health costs of burning coal, oil, and natural gas from their prices. Subsidies manipulate the game even further. According to conservative estimates from the Global Subsidies Initiative and the International Energy Agency (IEA), governments around the world spent more than $620 billion to subsidize fossil fuel energy in
January 19th, 2012 | by Earth Policy Institute
We distort reality when we omit the health and environmental costs associated with burning fossil fuels from their prices. When governments actually subsidize their use, they take the distortion even further. Worldwide, direct fossil fuel subsidies added up to roughly $500 billion in 2010.
May 27th, 2011 | by Steve Savage
There is a great deal of controversy about the wisdom of diverting a significant percentage of the US corn crop