Australia's largest stock trading and investment forum Australia's #1 stock forum

Here's a calc of Australian fossil fuel exploration subsidies....

First 20 Last

Share
Profile

Follow
mjp2

10,515 Posts.

207

18/04/15

12:31

Post #: 15111345
Share

Originally posted by sierra ↑

Here's a $240,000,000 subsidy that was tossed to the Chinese company Yancoal by the WA government.

"Yet Yancoal recently picked up a $240 million subsidy from the WA government."

http://www.smh.com.au/business/pressures-on-coal-show-no-signs-of-ending-20141228-12enrk.html

Then there's this old chestnut for the global picture a few years back.

"In June 2010, the U.S. Energy Information Administration (EIA) said $557 billion was spent to subsidize fossil fuels globally in 2008, compared to $43 billion in support of renewable energy."

http://www.sourcewatch.org/index.php/Federal_coal_subsidies

That might not be exactly to your instructions but it proves the point.

Expand

Here's a calc of Australian fossil fuel exploration subsidies. As I understand it, this excludes state subsidies.
http://www.odi.org/sites/odi.org.uk/files/odi-assets/publications-opinion-files/9260.pdf

$2.9-$3.5b a year.
1 Upvote

Reply

There are more pages in this discussion • 93 more messages in this thread...

First 20 Last