Thursday, September 20, 2012

Stop The Handouts For Big Oil

This from Branson, President of the Virgin Group.

Unfortunately, however, government resources are actually flowing the other way: according to a report from the U.S.-based National Resources Defense Council, since 2009, global subsidies for fossil fuels have almost tripled to an estimated US$775 billion this year. Meanwhile, official worldwide support for clean energy is a paltry US$50 billion. This shameful investment ratio—15 dirty dollars invested for every clean one—shows that the perverse relationship between big government and big oil has not changed.

Stop The Handouts For Big Oil

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