Can the US stop subsidizing coal and oil ?

Coal and oil are the two most polluting fossil fuels and energy sources to date. Despite this, both are receiving huge subsidies from the United States federal and local governments.

To Climate Progress, the coal industry received around $3 billion (2.2 billion euros) per year between 2002 and 2008 and to the New York Times, the oil industry gets even more, $4 billion (3 billion euros).

Giving around $7 billion each year to industries that pollute our air, our water and our soil so they just can keep polluting is just insane.

I believe the US Government should know better and found renewables and efficiency projects. This is what President Obama is willing to do. Let’s hope he will succeed, for the United States, but for the entire world as well…

We Europeans aren’t clean on these issues as well as we keep supporting coal…


Edouard is a sustainability and energy professional committed to bringing our societies to a carbon neutral future. He has been writing on related topics on this very blog since 2007.

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1 Response

  1. insanity, but worse–mindlessness of a public highly deluded, and a congress highly diluted…

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