CleanTech

The US is giving away $35 billion a year to cook the planet

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The price of eggs has more than doubled in the past eight years, which isn’t great, but at least you can eat eggs. The price of US government subsidies for the fossil-fuel industry has also more than doubled in that time, which is far, far less great. Welfare for an industry that makes billions of dollars in profits and pollutes the climate is worse than useless. It’s self-destructive.

The federal government gives oil, gas and coal producers at least $34.8 billion in subsidies each year, according to a new study by the research and advocacy…

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