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World Energy Outlook 2015 IEA

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  • chuckChuck
    Senior Member
    • Dec 2006
    • 12993

    World Energy Outlook 2015 IEA

    The International Energy Agency report makes for interesting reading when it comes to discussing energy policy.

    For the Executive summary the link is http://www.iea.org/publications/freepublications/publication/WEB_WorldEnergyOutlook2015ExecutiveSummaryEnglishF inal.pdf

    "Fossil-fuel consumption continues to benefit from large subsidies:
    we estimate this global subsidy bill at around $490 billion in 2014, although it would have been around $610 billion without reforms enacted since 2009. Subsidies to aid the deployment of renewable energy technologies in the power sector were $112 billion in
    2014 (plus $23 billion for biofuels)."
  • chuckChuck
    Senior Member
    • Dec 2006
    • 12993

    #2
    It is interesting to note that many farmers think that subsidies to Bio-Fuel should continue or even increase.

    At 23 billion in effect they are subsidizing farmers indirectly by raising prices for commodities that are used for bio-fuels.

    Many farmers wrongly seem to think they are not receiving subsidies but what would canola and corn prices look without bio-fuel subsidies?

    It is also interesting to note the $490 Billion that is spent on fossil fuel subsidies. If the subsidies on fossil energy are eliminated what impact would this have on green energy adoption?

    Comment

    • ColevilleH2S
      Senior Member
      • May 2007
      • 1651

      #3
      Our taxpayer funded, Tides Foundation mouthpiece is all over it.

      [URL=http://business.financialpost.com/fp-comment/terence-corcoran-the-cbcs-fossil-fuel-subsidies-folly]CBC's fossil fuel subsidy folly[/URL]

      Comment

      • Oliver88
        Senior Member
        • Dec 2012
        • 4688

        #4
        Good article Coleville.

        Interesting how the CBC willingly will misrepresent facts to promote their narrative that oil is "subsidized".
        When they include the cost of drilling used as an expense as a "subsidy" we can no longer take them seriously.

        Comment

        • Hamloc
          Senior Member
          • Jan 2014
          • 3977

          #5
          Chuck2, the Alberta government tells us switching to a low carbon economy will bring prosperity. If this was true wouldn't it have already occurred on its own? And if it is true why does it require government subsidy and government legislation to make it happen?

          I will answer the questions for you, because it isn't true. Green tax levies simply inflate energy cost and create hardships for people on fixed incomes and those with the lowest incomes. It forces them to chose between food and heat. A good example is in Britian where a study beginning in 2011 found that a minimum of 2700 premature deaths have occurred yearly due to lack of heat in the homes of the elderly because they can't afford it. Got to love taxes.

          Comment

          • chuckChuck
            Senior Member
            • Dec 2006
            • 12993

            #6
            Just to clarify the estimate of subsidies to the oil industry and biofuels is from the International Energy Agency report.

            What the numbers are in Canada is not provided in their summary.

            Farmers are receiving some of the benefits of subsidies to biofuels.

            Comment

            • chuckChuck
              Senior Member
              • Dec 2006
              • 12993

              #7
              Just to clarify the estimate of subsidies to the oil industry and biofuels is from the International Energy Agency report.

              What the numbers are in Canada is not provided in their summary.

              Farmers are receiving some of the benefits of subsidies to biofuels.

              Comment

              • chuckChuck
                Senior Member
                • Dec 2006
                • 12993

                #8
                Several organizations provide evidence of subsidies to the fossil energy industry in Canada including the IMF and OECD.

                The following is a link to a study done by the Pembina institute that has references.

                https://www.pembina.org/reports/fossil-fuel-subsidies.pdf

                Comment

                • burnt
                  Banned
                  • Sep 2009
                  • 3918

                  #9
                  What do you say when the clarinets and the flutes fail to turn up for the concert?



                  Never mind, the wind's always blowing somewhere.

                  Comment

                  • chuckChuck
                    Senior Member
                    • Dec 2006
                    • 12993

                    #10
                    Hamloc, if increases in energy costs are a burden on the poor what would you do when energy costs rise because of market forces? Were you concerned then?

                    Housing costs were driven up all across Western Canada in large part because of the boom in energy and other commodities. Housing costs are a bigger problem for the poor.

                    Poverty can be reduced or eliminated by a strong diversified economy and good social programs. I don't find much support on Agriville for social programs in fact I find a lot of grumbling and blaming the poor for their own situation.

                    Comment

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