bripat9643
Diamond Member
- Apr 1, 2011
- 170,170
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Foxfyre -
The issue here is not so much subsidies to oil (which is less often used to produce electricity), but to nuclear and coal (which are used to produce electricity). As my sig line shows, subsidies to nuclear and coal have often run to three times the amounts paid to renewables.
Nuclear has received abundant subsidies, but coal has received virtually none. All claims about coal subsidies are based in mischaracterizations of income tax law.
And why should we promote coal? Because it is the most plentiful, easily accessible fuel on Earth making it cheap and easily useful.
I'm afraid this is simply nonsense - clean coal is amongst the most expensive forms of electricity production we have.
That's only if you define "clean coal" to mean coal that doesn't emit CO2. Of course, that characterization is a joke. Coal is already more than clean enough. CO2 isn't a pollutant. Modern coal fired fired power plants are still the cheapest form of energy, if the government doesn't impose draconian regulations on them. Germany is building 20 new coal fired power plants. That's how "dirty" current coal technology is.
The term "clean coal" is a con.