UK goes coal power free for the first time since 1882, page-22

  1. 4,122 Posts.
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    Sierra, I read that report you linked (as I usually do) and note, yet again, your sources cherry pick (& even deliberately distort) the figures.

    Over 1/2 of the claimed 2016 $12 billion "subsidy" is the $6.117 Fuel tax credit scheme which applies to ALL mining, not just coal. Your article then unbelievably goes on to admit that whilst they estimate only 20% applies directly to fossil fuels, "We have included the full amount as it all goes to supporting the consumption of fossil fuels."

    The full $1.930 billion accelerated depreciation for ALL mining is incorrectly applied to fossil fuels only. We then have 5 FBT categories (including statutory formula for car benefits & alternatives to log book car expenses !!) all applied to fossil fuels - how ?? How is $55 million of "Tourism; domestic air or sea travel" a fossil fuel subsidy??

    I'd suggest that you stick with Renew Economy as your primary information source as this site seems to lack credibility IMHO.

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