Does the US subsidize renewable energy?
Does the US subsidize renewable energy? US doubles renewable subsidies to $15.6 billion in last seven years, EIA says. Aug 2 (Reuters) - U.S. subsidies for renewable energy producers more than doubled between 2016 and 2022, forming nearly half of all federal energy-related support in that period, a U.S. government report released on Tuesday showed.
Does US subsidize energy?
U.S. taxpayers spend tens of billions of dollars a year subsidizing new fossil fuel exploration, production, and consumption, which directly affects how much oil, natural gas, and coal gets produced—and how much clean energy doesn't.