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Energy Subsidies: Part III

We have seen that subsidies apply to the oil and gas industries in the form of tax breaks. Are there any other subsidies that apply to the fossil fuel industries? An additional type of subsidy is an excise tax that benefits a particular industry. One such tax is “The Black Lung Disability Trust Fund.” This […]

Energy Subsidies: Part II

Ok, so we know that the tax code establishes subsidies. Some of the biggest recipients of tax subsidies has been the oil and gas industries (Nuclear will be discussed in a separate post). Thus, the renewable subsidies are certainly needed if for no other reason than to even the playing field with those energy industries […]