21 Apr

Fossil fuels are still beating all other energy worldwide

The fact about total subsidies is still something I beat the drum about, that fossil fuels are subsidized more than alternative energy, something that has to change:

“Worldwide, more coal power is being installed because it’s inexpensive, reliable, and easy to incorporate into the grid. Before countries decide to stop building new coal plants, wind and solar and other low-carbon alternatives need to get cheaper.

Worldwide subsidies for fossil fuels, which at $523 billion are six times higher than subsidies for renewable energy. The fossil fuel subsidies do not include giving fossil fuels a free ride on air and water pollution.”

(Via Coal and Oil are still beating all other energy.)