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by free652
3441 days ago
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>A 2011 study by the consulting firm Management Information Services, Inc. (MISI)[28] estimated the total historical federal subsidies for various energy sources over the years 1950–2010. The study found that oil, natural gas, and coal received $369 billion, $121 billion, and $104 billion (2010 dollars), respectively, or 70% of total energy subsidies over that period Over 60 years. |
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The cited study from the sentence I referenced in my comment:
> Estimated subsidies are $4.9 trillion worldwide in 2013 and $5.3 trillion in 2015 (6.5% of global GDP in both years).
> In terms of countries, China had the largest absolute post-tax subsidies in 2013 ($1,844 billion or 19.5% of GDP), followed by United States ($606 billion or 3.6% of GDP), Russia ($318 billion or 15.2% of GDP), European Union ($295 billion), India ($269 billion or 14.3% of GDP), Japan ($142 billion or 2.9% of GDP), Saudi Arabia ($129 billion or 17.2% of GDP) and Iran ($118 billion or 32.2% of GDP).
http://www.sciencedirect.com/science/article/pii/S0305750X16...