The subsidy game for fossil fuels

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At midnight on New Year’s Day the Department of the Treasury’s Section 1603 cash grants program expired, dashing the hopes of those who have expressed legitimate concern that the end of various grants and tax credits will further devastate the embattled solar industry. And yet, when it comes to subsidies, support for fossil fuels continues to grow and nobody blinks an eye. While the reasons for this are many and complex, the impact is that we never know the true cost of power and fuel and that alternative energy has to compete on some uneven terrain.

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About the author

Adam Lesser

Lead Reporter , Blueshift Research

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