Sunday, June 3, 2012

DailyMarkets.com - Renewable Energy Receives 82X More In Tax Preferences Than Fossil Fuels, Adjusted For Output

DailyMarkets.com - Renewable Energy Receives 82X More In Tax Preferences Than Fossil Fuels, Adjusted For Output


Renewable Energy Receives 82X More In Tax Preferences Than Fossil Fuels, Adjusted For Output

Posted: 02 Jun 2012 08:08 PM PDT

2011
Tax Preferences
Production (quadrillion BTUs)
Preferences per
Quadrillion  BTUs

Renewables
$12.9B
7.52
$1,715,425,532

Fossil Fuels
$1.7B
81.08
$20,966,946

Renewable/Fossil Fuels
Fossil Fuels/Renewables
Renewables/Fossil Fuels

Ratio
7.6
10.8
81.8

The table above displays: 

a) The tax preferences in 2011 that went to renewables ($12.9 billion) and fossil fuels ($1.7 billion), for a ratio of 7.6:1 in favor of renewables, data here;

b) 2011 production levels for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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