Has your solar power needed protection?
Come on, Darell, if these subsidies are so obvious, you surely can give me some details instead of vague innuendo. I'm not exactly sure what you're alluding to, so spell it out for me.
I did a quick search around the web. I found several essays and papers mentioning these subsides, but very few with specifics. Greenpeace does have a report listing several subsidies, but I discounted many of their items.
http://archive.greenpeace.org/climate/oil/fdsub.html
e.g. 2. Strategic Petroleum Reserve. This is a subsidy? This isn't like the government buying up a lot of wheat and burning it to keep the supply low and prices high. We accumulate the oil, it retains its usefulness, and we derrive value from having a stockpile.
Many of the others were things like Army CoE and Coast Guard costs that benefit lots of other industries. I didn't see any attempt to discount these.
Given those "subsidies," I'm surprised they didn't list the government's annual expenditure on fuel itself. Hey, it's money they're "giving" to the oil industry, isn't it?
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Darell said:
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tylerdurden said:
That's kinda the idea. You would prefer higher energy costs?
[/ QUOTE ]Hmmmm. Kind of a leap from where I was going with my comments.
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Is it? You bemoaned the "pesky "free market" that reduced the price of energy to low enough where, once again, we didn't care about alternatives." That sure sounds like you wern't happy about low energy prices.
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The up-front cost of energy isn't nearly as important to me as the hidden costs. The pollution, the social and medical issues. To that end, fossil fuels are the most expensive sources of energy that we have available to us today.
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The market is obviously less concerned with these problems than you are.
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The market WILL pick the best solution, if allowed to.
[/ QUOTE ]I'm not sure where this confidence comes from, though I admire it. The market hasn't yet managed to pick the best solution because it hasn't had a "free" market in which to do so. The market we have today is skewed heavily to the use of fossil fuels. We can't subsidize an energy source and call it a free market!
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You ignored the "if allowed to" in my post, I guess.
I suspect you are vastly overestimating the costs of these subsides versus the value we recieve from them. If we spend $1 in a subsidy that results in saving $2 in energy costs, is that a bad thing?
If you're going to counter that the $1 invested in an alternative would produce more than $2 in savings, I'd love to hear it, but please provide some data.
BTW, these text entry boxes need to be a LOT bigger.