GasBuddy Blog

Message Forum - Read Message

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Fossil-Fuel Subsidies of Rich Nations Five Times Climate Aid	Post a Reply Back to Topics

iFueler Champion Author Durham Posts:64,423 Points:179,500 Joined:Nov 2012	Message Posted: Dec 4, 2012 7:06:08 PM Ignore iFueler Report Abuse Rich countries spend five times more on fossil-fuel subsidies than on aid to help developing nations cut their emissions and protect against the effects of climate change, the Oil Change International campaign group said. In 2011, 22 industrialized nations paid $58.7 billion in subsidies to the oil, coal and gas industries and to consumers of the fuels, compared with climate-aid flows of $11.2 billion, according to calculations by the Washington-based group. The data underline the steps developed nations may be able to take to cut their emissions as ministers from 190 nations meet in Doha to discuss measures to curb global warming. Eliminating the subsidies would reduce incentives to pollute and help rich nations meet their pledge to provide $100 billion a year in climate aid by 2020, sa Visit Bloomberg for full article

iFueler

Champion Author
Durham

Posts:64,423
Points:179,500
Joined:Nov 2012

Message Posted: Dec 4, 2012 7:06:08 PM

Ignore iFueler Report Abuse

Rich countries spend five times more on fossil-fuel subsidies than on aid to help developing nations cut their emissions and protect against the effects of climate change, the Oil Change International campaign group said.

In 2011, 22 industrialized nations paid $58.7 billion in subsidies to the oil, coal and gas industries and to consumers of the fuels, compared with climate-aid flows of $11.2 billion, according to calculations by the Washington-based group.

The data underline the steps developed nations may be able to take to cut their emissions as ministers from 190 nations meet in Doha to discuss measures to curb global warming. Eliminating the subsidies would reduce incentives to pollute and help rich nations meet their pledge to provide $100 billion a year in climate aid by 2020, sa
Visit Bloomberg for full article

REPLIES (newest first)Ignore Short Messages

remay Champion Author Houston Posts:6,968 Points:2,118,365 Joined:May 2006	Message Posted: Dec 6, 2012 6:51:02 AM Ignore remay Report Abuse Must be a slow day at Bloooombergggg.
DrCashFlow Champion Author Massachusetts Posts:7,074 Points:1,628,200 Joined:Jun 2008	Message Posted: Dec 6, 2012 2:02:54 AM Ignore DrCashFlow Report Abuse no surprise there
MAC48 Champion Author Dallas Posts:1,549 Points:767,755 Joined:Dec 2006	Message Posted: Dec 6, 2012 12:52:47 AM Ignore MAC48 Report Abuse My part of the industrialized world has not promised to give developing countries one thin dime to cope with global warming nor will my part of the industrialized world ever promise such assistance if there is anything we can do to prevent such a foolish move. This UN effort is just more socialist BS straight from the writings of Karl Marx based on the "from each according to his ability & to each according to his need" philosophy. Communism was based on this philosophy of Marx and we all saw how wonderful an economic & political system that was. The key here is that it is not a hoax that there is or has been global warming cycles or that there is or has been global cooling cycles. The hoax is that mans activities are responsible for our current warming cycle. Global warming or global cooling cycles are a function of nature & there in no way any effort by man will affect the progress of this cycle in any form or fashion. Giving funding to the UN to stop a natural cycle that is not within mans power to influence is the height of foolishness. With the US debt total being in excess of $17 Trillion, it irritates greatly that another $3.2 Billion has been thrown away in the name of combating global warming by the US Congress.
carranco Champion Author Georgia Posts:1,027 Points:269,015 Joined:Dec 2008	Message Posted: Dec 5, 2012 10:31:15 PM Ignore carranco Report Abuse $11.2 billion wasted on climate aid.
CVA19 Champion Author Salem Posts:2,393 Points:610,450 Joined:Aug 2011	Message Posted: Dec 5, 2012 12:35:13 PM Ignore CVA19 Report Abuse Not to worry. As these countries (including the US) sink deeper into economic malaise due to their increasingly socialist policies, there will be less and less money available for fossil fuel subsidies. Likewise, there will be less money available for foreign aid. "The problem with socialism is that you eventually run out of other peoples' money." - Margaret Thatcher [Edited by: GT3186 at 12/5/2012 12:37:50 PM EST]
doctorindyj Champion Author Santa Fe Posts:3,458 Points:840,785 Joined:Nov 2009	Message Posted: Dec 5, 2012 11:05:32 AM Ignore doctorindyj Report Abuse So basically force stuff down their throats they don't need or want? But it's for their own good so that's okay.
FPLREP Champion Author Virginia Posts:8,266 Points:2,449,225 Joined:Oct 2005	Message Posted: Dec 5, 2012 7:34:02 AM Ignore FPLREP Report Abuse Sounds like a back-door "Cap & Trade" to me. You rich countries(who are they?) need to give money to these poor countries so they will not pollute as much. BS.
roadrunnin Champion Author Richmond Posts:1,755 Points:565,955 Joined:May 2008	Message Posted: Dec 4, 2012 11:21:56 PM Ignore roadrunnin Report Abuse Change is hard especially when there is so much money to be made with the current system.
LetemEatCake Champion Author Oklahoma City Posts:5,596 Points:1,206,355 Joined:Mar 2008	Message Posted: Dec 4, 2012 11:00:24 PM Ignore LetemEatCake Report Abuse ONG...I agree again MidNJ, very nicely said!
joseph000 Champion Author Houston Posts:1,161 Points:218,075 Joined:May 2011	Message Posted: Dec 4, 2012 10:59:25 PM Ignore joseph000 Report Abuse The whole purpose in alternative energy aid is to help new industries we desperately need to move away from the fossil fuel problems of massive pollution and depletion issues. Of course, these people are afraid of losing their advantage, and lobby the government to keep their profits flowing, even if it damns the whole human race to extinction...
carranco Champion Author Georgia Posts:1,027 Points:269,015 Joined:Dec 2008	Message Posted: Dec 4, 2012 10:27:01 PM Ignore carranco Report Abuse No more climate aid. We can't affect the climate.
agrico Veteran Author New Orleans Posts:464 Points:504,415 Joined:Dec 2008	Message Posted: Dec 4, 2012 9:03:04 PM Ignore agrico Report Abuse big numbers - lots of players - hard to get any consensus
drpepperTX Champion Author Texas Posts:8,950 Points:753,185 Joined:Apr 2011	Message Posted: Dec 4, 2012 9:01:57 PM Ignore drpepperTX Report Abuse Upset about only $11.2 billion in redistribution of wealth? Oh my!
MidNJ Champion Author New Jersey Posts:7,559 Points:1,173,100 Joined:Sep 2009	Message Posted: Dec 4, 2012 8:58:53 PM Ignore MidNJ Report Abuse Fossil fuels are energy created by the sun and stored for millions of years deep in the earth. For us NOT to invest in renewable energy that the sun creates every day and ONLY keep saying the mantra, "Drill baby Drill" is short term thinking. Perhaps short term thinking works in the short term, but it does not in the long term!
dh0770 Champion Author Colorado Posts:6,987 Points:672,460 Joined:Jun 2011	Message Posted: Dec 4, 2012 8:50:33 PM Ignore dh0770 Report Abuse So....we've got enough welfare addicts here at home, don't need more abroad!
JasioN Champion Author Boston Posts:15,987 Points:3,166,245 Joined:May 2004	Message Posted: Dec 4, 2012 8:23:45 PM Ignore JasioN Report Abuse short term gains always win
Jeff4U Champion Author Atlanta Posts:8,762 Points:1,853,345 Joined:Nov 2004	Message Posted: Dec 4, 2012 7:43:02 PM Ignore Jeff4U Report Abuse Crude and fuel is the bloodline of any country. Subsidies help towards the billions in investments required of constant research and development. Governments get paid back handsomely in huge tax revenues. Climate and its slight variances is normal. Subsidies are not needed, although they are lobbied to help fuel the profits of enviro-terrorists.
skinsfan125 Champion Author Virginia Posts:1,557 Points:283,250 Joined:Jul 2010	Message Posted: Dec 4, 2012 7:33:38 PM Ignore skinsfan125 Report Abuse is it just me or is u.s.a the only ones worried about this?
E-Squirrel Champion Author Orange County Posts:3,015 Points:820,970 Joined:Feb 2005	Message Posted: Dec 4, 2012 7:29:34 PM Ignore E-Squirrel Report Abuse Well, of course this group would say something like that; the group's purpose is distinctly one-sided and anti-petroleum. These promoters always talk about subsidies for conventional fuels, and the uneducated don't know the difference. When confronted, the exact laws that create these "subsidies" can never be identified.
sillywagon Champion Author New York Posts:14,898 Points:1,442,320 Joined:Oct 2008	Message Posted: Dec 4, 2012 7:23:30 PM Ignore sillywagon Report Abuse This article is a good example... a reminder that "climate change" is not about the Environment, but is about fleecing the taxpayer. "Climate change" is about economic losers mooching off productive people. Climate change... it's about the money!!!
csblesson Champion Author Texas Posts:1,821 Points:354,100 Joined:May 2012	Message Posted: Dec 4, 2012 7:23:10 PM Ignore csblesson Report Abuse Yes, they will fight against poor people in India who use coal to keep himself alive from cold
Eugenian Champion Author Oregon Posts:1,867 Points:363,105 Joined:Oct 2009	Message Posted: Dec 4, 2012 7:15:11 PM Ignore Eugenian Report Abuse twisted priorities
humblepie Champion Author Toledo Posts:34,266 Points:2,372,345 Joined:Mar 2006	Message Posted: Dec 4, 2012 7:14:03 PM Ignore humblepie Report Abuse if they had oil they would shun the eco nutz too
molebaby96 Champion Author Tallahassee Posts:2,126 Points:506,140 Joined:Nov 2011	Message Posted: Dec 4, 2012 7:13:22 PM Ignore molebaby96 Report Abuse Global warming is like the sky is falling. A quote from CHICKEN LITTLE