Comment Re:How much (Score 3, Interesting) 410
It really comes down to what you call "subsidies." Tax deductions for capital investments, which the anti-fossil-fuel crowd incorrectly call a subsidy, is not unique to the oil/gas business, and similar deductions commonly available to *all* businesses in all industries. Tax *credits*, however (without which we wouldn't see much, if any, solar installations), certainly are a subsidy, and are very generous for renewable energy. You also need to take into account the volume of production from each source. If there's 10x as much subsidies (if you want to call it that) to oil/gas as there are to solar, but there's 100x as much oil/gas production, then it stands to reason that the rate of subsidies to solar is 10x that given to oil/gas.
There's also the minor question of "are we paying for the right thing?" Subsidies/grants/investments for research into renewables is one thing--they have the potential to produce improvements in the efficiency and cost of such systems. But subsidies for production and installation of renewables (as the US gov't currently does) is absolute futility--by doing so, the government is distorting the value of those products, actually providing a disincentive for producers to make those systems more economical on their own.
There's also the minor question of "are we paying for the right thing?" Subsidies/grants/investments for research into renewables is one thing--they have the potential to produce improvements in the efficiency and cost of such systems. But subsidies for production and installation of renewables (as the US gov't currently does) is absolute futility--by doing so, the government is distorting the value of those products, actually providing a disincentive for producers to make those systems more economical on their own.