Counting with Mitt: Subsidies to fossil fuels that the campaign forgot
Part 2 of my review of energy subsidies and the Romney campaign is a bit long for a blog posting. Thus, it has been uploaded as a PDF instead, and can be accessed here. Issues covered include conflicts between the private equity world view and good national policy; how appropriate adjustments to Romney's subsidy baseline alter the conclusions he drew from the figures, and a discussion of missing subsidies in a number of key areas: tax-exempt oil and gas master limited partnerships, inadequate fuel taxes to pay for highways, huge losses on federal resource sales, and the funding of energy security.
My first posting on Romney's energy subsidy policy focused on data errors in his tabulation of subsidies to green energy.