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The lopsided story of energy subsidies in the United States

Energy Subsidies: Oil versus Renewables

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…

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Renewable energy could supply most of the world's power by 2050, new IPCC report says

Renewable Energy Could Supply Most of World’s Energy Demand by 2050 – Special IPCC Report

The Intergovernmental Panel on Climate Change released its Special Report on Renewable Energy Sources and Climate Change Mitigation earlier this week in Abu Dhabi. Given proper policy changes and incentives from world governments, the report says, nearly 80 percent of global energy demand could be met by renewable energy sources by 2050. The report 77 percent is the high-end, optimistic…

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