Replies to post #5892 on Arista Power, Inc. (ASPW)

[Jersey Dude]

Interesting Topic (subsidies for renewables).

I'm totally in favor of a level playing field between all the energy providers. I guess that leaves two options. Dramatically increase the subsidies for renewables (from current levels) or dramatically decrease the subsidies for oil and ethonal. To make it seem like the renewables receive anything but a TINY, in comparison, subsidy is not knowing the facts.

There are thousands of links, but check these out that talks about oil and ethonal subsidies

Oil gets $21 billion per year and ethonal $60 billion per year by 2022:

http://reason.com/blog/2011/05/16/oil-industry-subsidies-21-bill

Another one ($4 billion per year now in oil subsidies):

http://www.nytimes.com/2011/02/01/science/earth/01subsidy.html

Compare that to renewables ($29 billion from 2002 - 2008, versus $72 billion for oil):

http://www.eli.org/Program_Areas/innovation_governance_energy.cfm

So, yeah, let's end ALL subsidies and level the playing field.

As far as natural gas goes, those prices are never going up. The US has tons of natural gas, and is finally starting to tap into it. Lots more of that to come.