Comment by deaux
7 hours ago
No chance, fossil fuels are subsidized more. A large share of solar growth is from countries like Pakistan who have had some subsidies but total dollar amount of them is trivial.
7 hours ago
No chance, fossil fuels are subsidized more. A large share of solar growth is from countries like Pakistan who have had some subsidies but total dollar amount of them is trivial.
Got source?
China only ended solar panel export subsidy this month.
Pricing fossil fuel pollution at zero is the biggest subsidy in the world bar none. Contrast this with for example nuclear power, where potential pollution risks as well as storage of its spent resources are some of the biggest costs. If they were subsidized equally to fossil fuels, the costs of those would be very low, with the public simply paying the price for any negative health effects.
Oil is directly subsidized in most oil producing countries. Go look at what fuel costs in Saudi Arabia or Nigeria, vs what they could sell it for on international markets. That's a subsidy.
Jet fuel is universally exempt from tax. Try finding any other energy source that is.
The US oil subsidy currently is projected to increase the Pentagon budget from one trillion to one and half. I bet one could build a lot of solar panels for 500 billion dollars, and you can use them more than once, too.
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