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When I first read these reports, I got the impression that oil and gas was getting cash from the government or specific tax breaks. That 3T in tax dollars was c
by MattGaiser 5y ago
When I first read these reports, I got the impression that oil and gas was getting cash from the government or specific tax breaks. That 3T in tax dollars was collected and using a narrow definition of subsidy, paid to them or using a wider definition of it, fairly specific tax breaks.
My thinking was that the government was actively supporting oil and gas over solar.
Really what most of the 3T is consists of general business deductions that any business can get and negative externality calculations.