Circumstances in the world we refuse to alter extort oil subsidies from us.

URL:  http://thedianerehmshow.org/shows/2011-02-01/environmen...

 

 

If we reduce the oil subsidies, Big Oil will pass on the additional cost to us in the form of higher prices. True.

So is the a tax or policy mechanism to protect us from this?

If we gave clean energy half the subsidies we give big oil, we might become less dependant on foreign oil or even less willing to drill in challenging places like the gulf.