More than $5 fossil fuel subsidies for every $1 of support for renewables

The International Energy Agency’s 2010 World Energy Outlook, released in November, should finally stamp out the myth that renewable energies are dependent on subsidies, EWEA’s Chief Executive Christian Kjaer wrote on EWEA’s blog. The IEA report says that fossil-fuel consumption subsidies amounted to $312 billion in 2009, while renewable energies in the same year received just $57 billion of “government support”. In other words, renewables got just $1 for every $5-6 given to fossil fuels last year, Kjaer pointed out.

More iformation: : EWEA- Wind Direction January 2011 http://www.ewea.org/fileadmin/emag/winddirections/2011-01/pdf/101208_WD_Jan.pdf