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From my understanding: gas in USA is heavily subsidized. The cost of fuel in Europe is more the true cost. - gas-loving American living in Norway
by nkristoffersen 5y ago
From my understanding: gas in USA is heavily subsidized. The cost of fuel in Europe is more the true cost.
- gas-loving American living in Norway
- Kim_Bruning 5y agoI know the netherlands actually taxes fuel something like 100%, which is why people try to buy gas in germany and belgium when then can.
- Symbiote 5y agoMost European countries tax petrol "about" 100%. It's about 10¢/L cheaper in Germany or Belgium. https://www.drive-alive.co.uk/fuel_prices_europe.html#Petrol%20and%20diesel%20prices%20in%20Europe https://www.drive-alive.co.uk/fuel_prices_europe.html#Petrol...
- baud147258 5y ago> The cost of fuel in Europe is more the true cost. the true cost, plus whatever taxes the local government have decided to levy
- lotsofpulp 5y agoTrue, because there are no externalities of fossil fuel consumption. Or at least not ones that beneficiaries today have to worry about.
- cinntaile 5y agoOne of the biggest issues right now is that we have to worry about what the future will look like? That's exactly what is meant with externalities as well, you profit from your behavior without having to compensate for or deal with the consequences. You're redefining the very definition of an externality.
- lotsofpulp 5y agoIt was a tongue-in-cheek comment meant to highlight the true reason to be against taxes to cause reduction in fossil fuel consumption.
- cinntaile 5y agoOh. I misunderstood sorry.
- baud147258 5y agothough I don't feel like the money the government is getting from fuel taxes is used to reduce fossil fuel consumption
- meragrin_ 5y ago> From my understanding: gas in USA is heavily subsidized. From my understanding, gas in the USA is not heavily subsidized. If it is, then everything is. It does not receive any special treatment.
- teh_klev 5y agoI think your understanding might be a bit wrong: https://www.google.com/search?q=us+gasoline+subsidies https://www.google.com/search?q=us+gasoline+subsidies
- meragrin_ 5y agoStill not seeing any subsidies. Subtracting costs from revenue is not a subsidy.
- teh_klev 5y agoRead the first article: https://www.brookings.edu/research/reforming-global-fossil-fuel-subsidies-how-the-united-states-can-restart-international-cooperation/ https://www.brookings.edu/research/reforming-global-fossil-f... "The Environmental and Energy Study Institute reported that direct subsidies to the fossil fuel industry totaled $20 billion per year, with 80% going toward oil and gas. In addition, from 2019 to 2023, tax subsidies are expected to reduce federal revenue by around $11.5 billion. Considering that production subsidies grew 28% between 2017 and 2019, the United States will be under a lot of scrutiny from other countries wanting to see evidence of reform before making their own commitments."
- meragrin_ 5y agoPerhaps you can point the exact text for the subsidies explicitly for US gasoline which are not related to how the companies subtract their costs to determine their income. There might be something for the other fossil fuels, but I see nothing as far as oil/gasoline.