The Government Accountability Office (GAO) recently released a report comparing electricity subsidies by fuel type in response to a request from Senators Alexander and Carper. The report looks at both R&D and tax expenditures for fossil fuel, nuclear and renewable energy from FY 2002 through FY 2007. While this report does not include the subsidies received by conventional generation over the past 50 to 80 years or subsidies outside of R&D or tax measures, such as limited liability insurance and loan guarantees, it does present a clear picture that renewable energy continues to receive only a fraction of subsidies from the Federal government.
The Results?
Total R&D Expenditures from FY 2002 to FY 2007: $11.5 billion with nuclear receiving $6.2 billion, fossil fuel receiving $3.1 billion and renewable energy receiving $1.4 billion.
Total Tax Expenditures from FY 2002 to FY 2007: $18.2 billion with fossil fuel receiving $13.7 billion and renewable energy receiving $2.8 billion.
I live in a 15 story apartment bulding in NYC. What are the related coasts and what savings could a bulding of 15 storys hope to ataine.I am looking for information on tax rebates or other incentives that are offered for those that install wind turbines on rooftops of Apartment buldings. In other words when would the system pay for it self any info relitive to my question is welcome. Thank you in advance
Posted by: John McAliden Jr | March 09, 2008 at 10:22 AM
People say that we must "Conserve Energy" yet every day that the wind blows over ridge tops that have viable wind farm sites, is a day that mega,mega watts of clean renewable energy is wasted. Would someone please define "Conserve
Energy" for me.
Posted by: Jim Webb Jarrettsville, MD | June 13, 2008 at 06:00 PM
Hi
what kind of tax rebates and schemes are offered by goverment for installing solar pannels or wind turbines on rooftops of Apartment
Posted by: solarhotusa | June 15, 2010 at 03:42 AM