WhatFinger

Government Report Confirms huge price tag for politically-favored energy sources

Federal Energy-Related Subsidies Have Increased 108 Percent in 3 Years; Wind Subsidies Increased 10-


WASHINGTON – The Energy Information Administration (EIA), a research and data analysis arm of the Department of Energy, has released a report that details the amount of taxpayer subsidies that were distributed to energy producers in 2010. The federal government handed out $37.2 billion to energy producers in 2010, an increase of 108 percent from the $17.9 billion doled out in 2007. The largest increases in federal subsidies were in renewable and end-use subsidies.
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