Political discussions about everything
By snakeoil
#68040
Already, according to the International Monetary Fund, more money is spent, directly and indirectly, on subsidising fossil fuels than on funding health services. The G20 countries alone spend over three times as much public money on oil, gas and coal than the whole world does on renewable energy. In 2014, subsidies for fossil fuel production in the UK reached £5bn. Enough? Oh no. While essential public services are being massacred through want of funds, last year the government announced a further £1.3bn in tax breaks for oil companies in the North Sea. Much of this money went to companies based overseas. They must think we’re mad.
http://www.theguardian.com/commentisfre ... ssil-fuels" onclick="window.open(this.href);return false;

The people raise hell about raising taxes but feel that this corporate welfare is fine.
By johnforbes
#68045
This is a tough one.

Absent those breaks for oil exploration, would the world now have a petro glut?

As to government mandates regarding health care, we all know the government can't do anything efficiently, can it?
By johnforbes
#68052
This is a tough one.

Absent those breaks for oil exploration, would the world now have a petro glut?

As to government mandates regarding health care, we all know the government can't do anything efficiently, can it?

johnforbes



Posts: 5866

Joined: Tue May 14, 2013 9:23 pm







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By snakeoil
#68104
Already, according to the International Monetary Fund, more money is spent, directly and indirectly, on subsidising fossil fuels than on funding health services. The G20 countries alone spend over three times as much public money on oil, gas and coal than the whole world does on renewable energy. In 2014, subsidies for fossil fuel production in the UK reached £5bn. Enough? Oh no. While essential public services are being massacred through want of funds, last year the government announced a further £1.3bn in tax breaks for oil companies in the North Sea. Much of this money went to companies based overseas. They must think we’re mad.
http://www.theguardian.com/commentisfre ... ssil-fuels" onclick="window.open(this.href);return false;
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