Apr 6, 2010
Chart of the Day
How bout this eye-catcher from the Environmental Law Institute.
It shows US Energy Subsidies, with $2.3 Billion to Carbon Capture and Storage, $12.2 Billion to Traditional Renewables, $16.8 to Corn Ethanol, and $70.2 Billion to Traditional Fossil Fuels (energy_subsidies_black_not_green1). I wonder how these numbers will change with the recent hydraulic fracturing love affair and the Marcellus/Bakken Shale formations in the Northeast and Upper Midwest Respectively. Another example of a 5:1 Ratio here in the US (Okay 5.75:1 you get the point!).
The prevalence of the 5:1 Ratio here in the US is quite worrisome given where we see it (i.e. See previous posts).
