biofuels

Biofuels - At What Cost? Government Support for Ethanol and Biodiesel in the United States

Detailed review of state and federal subsidies, prepared for the Global Subsidies Initiative.  Subsidy costs per unit fossil fuel or GHG displaced exceed $500 per mt of CO2-equivalent.  Policy structures are duplicative and generally linked to production rather than to the carbon displacement profile of particular producers.  Faster and more efficient ways to achieve the goals of energy security and greenhouse gas mitigation should be pursued. (October 2006).

Ten Most Distortionary Energy Subsidies

Government policies should work in tandem with market forces to achieve an adequate energy supply mix that is cleaner and more diverse than what preceeded it. In reality, thousands of government policies in place around the world act counter to stated objectives regarding energy security, diversification, and environmental protection. Based on past work by Earth Track, and querying subsidy experts from around the world, this paper highlights ten global subsidies deemed particularly eggregious.
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