Renewables get less Federal Support … surprise, surprise

According to the Governmenta Accountability Office,

comparing federal electricity subsidies by fuel type shows that renewables such as wind still get only a small share of the overall subsidies awarded to the energy sector.

Again, no surprise here.

The report shows total R&D expenditures from FY 2002 to FY 2007 to be $11.5 billion, which was distributed among nuclear ($6.2 billion), fossil fuel ($3.1 billion) and renewable energy ($1.4 billion). Total tax expenditures for the energy sector from FY 2002 to FY 2007 were $18.2 billion, with fossil fuel receiving $13.7 billion and renewable energy receiving $2.8 billion.

These programs have sought to, among other things, develop the nation’s electrical infrastructure, influence the types of fuels used to produce electricity, increase the use of renewable energy, and limit the harmful effects of electricity production,” the report states.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s