http://en.wikipedia.org/wiki/Energy_subsidies
Allocation of subsidies in the United StatesOn March 13, 2013, Terry M. Dinan, senior advisor at the Congressional Budget Office, testified before the Subcommittee on Energy of the Committee on Science, Space, and Technology in the U.S. House of Representatives that federal energy tax subsidies would cost $16.4 billion that fiscal year, broken down as follows:
1.Renewable energy: $7.3 billion (45 percent)
2.Energy efficiency: $4.8 billion (29 percent)
3.Fossil fuels: $3.2 billion (20 percent)
4.Nuclear energy: $1.1 billion (7 percent)
In addition, Dinan testified that the U.S. Department of Energy would spend an additional $3.4 billion on financial Support for energy technologies and energy efficiency, broken down as follows:
1.Energy efficiency and renewable energy: $1.7 billion (51 percent)
2.Nuclear energy: $0.7 billion (22 percent)
3.Fossil energy research & development: $0.5 billion (15 percent)
4.Advanced Research Projects Agency—Energy: $0.3 billion (8 percent)
5.Electricity delivery and energy reliability: $0.1 billion (4 percent)
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A 2009 study by the Environmental Law Institute[21] assessed the size and structure of U.S. energy subsidies in 2002–08. The study estimated that subsidies to fossil fuel-based sources totaled about $72 billion over this period and subsidies to renewable fuel sources totaled $29 billion. The study did not assess subsidies supporting nuclear energy.
The three largest fossil fuel subsidies were:
1.Foreign tax credit ($15.3 billion)
2.Credit for production of non-conventional fuels ($14.1 billion)
3.Oil and Gas exploration and development expensing ($7.1 billion)
The three largest renewable fuel subsidies were:
1.Alcohol Credit for Fuel Excise Tax ($11.6 billion)
2.Renewable Electricity Production Credit ($5.2 billion)
3.Corn-Based Ethanol ($5.0 billion)
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