Taxpayers around the world are giving fossil fuel producers 5 TRILLION dollars in free
money…
every.
Year.
That's as much as the Iraq and Afghanistan wars put together.
This is based on a new study by the International Monetary Fund, that estimated the amount of
the subsidies to fossil fuel companies.
And five trillion is a lot of money.
The reason they think it's so much, is because fossil fuel producers don't pay to clean
up the air or water.
They don't have to deal with the medical costs of air pollutants.
And the researchers bunch all this into subsidies.
Effectively making taxpayers foot the bill to clean up and pay, just to keep using fossil
fuels.
For example, if a company wants to drill a well that may not hit oil, the cost is 100-percent
tax deductible; it's a direct taxpayer subsidy.
But the paper also included the more intangible costs like climate change effects, the cost
to supply oil vs what consumers pay, and even deaths from air pollution!
Again, this added up to: Five.
Trillion.
Dollars!
There is a pile of research saying carbon and particulate-emitting fossil fuels cost
more than you think.
For example, gas in the U.S. is currently two dollars and forty cents a gallon.
A 2015 study says the true cost, when we add in the cost of the air pollution from burning
it, is six-twenty a gallon.
Diesel would be even more!
And coal power would add a quarter for every kilowatt hour.
Calculating these hidden subsidies is not new; it's been studied (controversially)
many times.
But it's important to bring up because, it doesn't have to be this way! 139 countries
could be 100% powered by wind, water, and solar by 2050, says another new study!
The study lead said, "Every country that we examined has sufficient resources to power
itself."
Just imagine!
139 countries with 100-percent clean, renewables… no carbon emissions -- including the US and
China!?
That's incredible!
Not to mention, we wouldn't have to pay pollution subsidies.
So I have to ask, why do we pay all this money to keep using non-renewable coal and oil?
Do you think we should fund renewables or stick to what we know with fossil fuels?
Let us know your thoughts in the comments.
And if you want to know which of these fuel sources are the most efficient, watch this
video here (it might surprise you).
Take a second and subscribe, and if you want to talk about it, come find me on Twitter,
@tracedominguez.
For more infomation >> CBC NL Here & Now Tuesday 5 September 2017 - Duration: 1:03:05. 
For more infomation >> DjangoCon US 2017 - The CoC committee is here for you by Erik Sasha Romijn - Duration: 42:41. 
For more infomation >> Where does the Russia investigation go from here MSNBC - Duration: 8:22. 
For more infomation >> Mother's Day Special: Here's Looking At Bollywood's Super Moms - Duration: 12:33. 
Không có nhận xét nào:
Đăng nhận xét