The International Energy Agency’s latest estimates indicate that - TopicsExpress

The International Energy Agency’s latest estimates indicate that fossil-fuel consumption subsidies worldwide amounted to $544 billion in 2012, up from $523 billion in 2011, with subsidies to oil products representing over half of the total. Renewables received $88 billion world wide. Alabama Republican Bradley Byrne thinks we could save money by cutting subsidies to renewables... Do the math. At a time when our economy continues to recover and many Americans continue to struggle to make ends meet, including paying their energy bills, we must focus on reasonable energy strategies that allow for the most affordable and reliable energy resources for consumers and businesses alike.

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