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If you look at the graph of subsidies, and adjust to percentage of generation, then you can see that renewables receive a higher level of subsidy. A big chunk
by nmeofthestate 7y ago
If you look at the graph of subsidies, and adjust to percentage of generation, then you can see that renewables receive a higher level of subsidy.
A big chunk of the "subsidy to non-renewables" is support for heating for the poor. This allocation is by virtue of most generation being non-renewable. When we move to more-expensive renewables, this support will be bigger and will have moved to the renewable column. So, it's not really a subsidy to non-renewables.
This is just a couple of things I noticed - you need to be alert to creative accounting when it comes to renewables, because many people tend to be motivated by ideology rather than numbers.
- thinkcontext 7y ago> A big chunk of the "subsidy to non-renewables" is support for heating for the poor. They address this directly, guess you missed it. "OCI is only counting direct production subsidies. As they acknowledge, that leaves out a great deal. For one thing, it leaves out the annual $14.5 billion in consumption subsidies — things like the Low Income Home Energy Assistance Program (LIHEAP), which helps lower-income residents pay their (fuel oil) heating bills."
- nmeofthestate 7y agoThat's what I'm referring to.