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How Big Oil gets bigger: over $620 Billion spent on subsidies for fossil fuel in 2011

We're being duped by Big Oil. The worse part is that governments around the world are working tirelessly to make sure the game is rigged in their favor. That's what Lester Brown, president of the Earth Policy Institute, is saying, and he has the numbers to back the statement up.

IISD calls for countries to phase out all fossil fuel subsidies

Reforming eliminating fossil fuel subsidies would save governments billions of dollars while significantly reducing greenhouse gas emissions and freeing up monies for incentives on cleaner forms of energy, according to the International Institute for Sustainable Development (IISD), a Canada-based research institute.

On "picking winners": fossil fuel industry raking in 10x the subsidies compared to renewables

Earlier today, we covered the words of some auto industry insiders at the recent Automotive Research's Management Briefing Seminar in Traverse City, MI, who said the didn't like that the Obama Administration was "picking winners" by funneling funds on plug-in vehicles. Well, okay, they're entitled to their opinion. But, if the industry doesn't want governments to push one particula

Poll: 73% of Americans believe that reducing dependency on fossil fuels is important

The oil spill in the Gulf has had a profound effect on the environment, the scope of which won't be fully understood for some time. This disaster has also caused widespread anger, brought environmentalists out of the woodwork and even swayed public opinion on the use o

STUDY: U.S. subsidises fossil fuels 2.5 times more than renewables

Listen to the messages coming out of Washington, D.C. and you'd think we're spending all our available money on clean and green technologies, things like algae biofuels, cleaner cars and Sebastian Blanco

Norway still considering a ban on all cars powered by fossil fuels

We first heard about a proposal to ban cars powered solely by fossil fuels way back in 2007. According to Finance Minister Kristin Halvorsen, the plan "is much more realistic than people think when they first hear about" it and is still very much in the works. Still, it's highly unlikely that the proposal would come to fruition due to opposition from current Prime Minister Jens Stoltenberg.

Sweden plans to abandon fossil fuels completely by the year 2020

I think this is one of the more impressive plans I have heard in a while. Sweden plans to completely stop using all fossil-fuels by the year 2020. What are the chances that the U.S. is next? To reach this rather ambitious goal, the government