Tag Archives: iea

Energy Subsidies: Oil versus Renewables

The lopsided story of energy subsidies in the United States

In a world that must reduce its dependency on fossil fuels, replacing oil subsidies with renewable energy subsidies makes sense. Although this is undeniably difficult, it would produce both environmental and economic benefits. Putting an end to oil subsidies would free public money that could be used to promote clean energy and make renewables more competitive. Although renewable energy is destined to increase it will not grow fast …

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Carbon Emissions Spike to Historic High

Carbon Emissions: Can the U.S. set and meet targets?

The International Energy Agency (IEA) released estimates on Monday showing that CO2 emissions have soared to record highs after a lull in 2009 due to the global recession. 30.6 gigatons of carbon dioxide where emitted into the atmosphere in 2010, mostly from burning fossil fuels, a rise of 1.6 gigatons over 2009 according to estimates from the IEA, and up 5 percent over 2008 …

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