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  • EIA Report: Renewable Energy Still Dominates Energy Subsidies

  • July 20, 2018

  • At the request of the Secretary of Energy, the Energy Information Administration (EIA), an independent agency of the U.S. Department of Energy, evaluated the subsidies that the federal government provided energy producers for fiscal year 2016, updating a study that it did for fiscal years 2013 and 2010. Federal subsidies to support renewable energy in fiscal year 2016 totaled $6.682 billion (2016 dollars), while those for fossil energy totaled $489 million—renewables subsidies were higher by almost a factor of 14. The EIA noted that those subsidies do...
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At the request of the Secretary of Energy, the Energy Information Administration (EIA), an independent agency of the U.S. Department of Energy, evaluated the subsidies that the federal government provided energy producers for fiscal year 2016, updating a study that it did for fiscal years 2013 and 2010. Federal subsidies to support renewable energy in fiscal year 2016 totaled $6.682 billion (2016 dollars), while those for fossil energy totaled $489 million—renewables subsidies were higher by almost a factor of 14. The EIA noted that those subsidies do... Read More
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