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March 12, 2012

How Much Does the Government Really Support Renewables?

CBO, Congressional Budget Office


AP

Federal Support for Developing and Producing Fuel and Energy Technologies Totaled $24 Billion in 2011

  • Tax preferences totaled $20.5 billion, or about 85 percent of the total.
  • Funding for the Department of Energy’s (DOE’s) spending programs totaled $3.5 billion, or about 15 percent of the total. . .
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TAGGED: renewable energy initiatives, renewable energy, energy subsidies, Congressional Budget Office

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