I recently came across this infographic depicting the total amount of federal energy incentives doled out to various energy sources over the past fifty years.
Absent a national energy plan (because we don’t have one), this is what decades of status-quo has given us:
- An energy portfolio heavily tilted in favor of polluting, finite energy sources – many of which must be imported from politically unstable nations.
- Mature industries that have grown dependent upon federal subsidies (i.e. taxpayer dollars), and offer power at artificially low prices.
- An under-developed renewable energy sector that continues to limp along.
Imagine if wind and solar had received similar incentives to the oil and gas industries. I wonder how many jobs, manufacturing facilities, and communities we would support today?
You tell me, what else is wrong with this picture?
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