Energy Subsidies

In: Environment/weather Politics Source: Ritholtz

16 Jul 2010

Turns out we massively subsidize oil companies with huge tax breaks, despite their equally huge profits. (via the Big Picture)

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1 Response to Energy Subsidies

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Alvin

September 11th, 2011 at 9:03 am

Misleading chart. Every business deducts it’s cost of doing business. Traditional fossil fuels are larger and therfore both the costs and profits are larger on a chart like this. Shame on you.

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