Energy and Global Warming News for August 3rd: Fossil fuel subsidies are 12 times that of renewables; Chamber goes after climate dissenters in its ranks; Ten fights on global warming now that Senate cops out

Fossil Fuel Subsidies Are 12 Times Support for Renewables, Study Shows

Global subsidies for fossil fuels dwarf support given to renewable energy sources such as wind and solar power and biofuels, Bloomberg New Energy Finance said.

Governments last year gave $43 billion to $46 billion of support to renewable energy through tax credits, guaranteed electricity prices known as feed-in tariffs and alternative energy credits, the London-based research group said today in a statement. That compares...