Sunday, January 09, 2011

End Energy Subsidies

This is win-win-win-win-win.

1. Cut Federal spending by $20 Billion per year.
2. Puts green energy on the same playing field as fossil fuels, from a subsidy perspective.
3. Stops hiding the true costs of fossil fuel dependence from the American economy.
4. Allows consumers to make more informed energy decisions based on the true costs of the energy they consume.
5. Renegotiates the energy lobby in Washington. If there aren't subsidies to squabble over, there won't be as many lobbyists.

To me, of course, 3 and 4 are the most important.

Bottom line? We already pay more than $3.07 per gallon of gasoline, and the decisions we have made under the illusion that gasoline is that cheap are unsustainable. That's something we can figure out now, or something we can figure out later.



Editor B said...

I'm all for it. I would love to see this move forward.

Cousin Pat from Georgia said...

I can't see a downside.

I really wish this topic didn't always play second fiddle to tragedy. One day, when gasoline prices are astronomical despite it all, the subsidies will be too difficult to hide.