Not all fossil fuel subsidies are created equal, all are bad for the planet
Subsidy (noun, \ ˈsəb-sə-dē \) “a grant by a government to a private person or company to assist an enterprise deemed advantageous to the public”
Everything oil, gas, and coal.
Subsidy (noun, \ ˈsəb-sə-dē \) “a grant by a government to a private person or company to assist an enterprise deemed advantageous to the public”
Pamhagen, Austria
by Kristina Mohlin, Jonathan R. Camuzeaux, Adrian Muller, Marius Schneider, and Gernot Wagner
Fall 2015
Overall, the benefits of the 1970 Clean Air Act exceed costs by a factor of 30 to 1.
Green accounting = honest accounting
Burning oil or coal causes more in external damages than it adds value to GDP
by Gernot Wagner