http://cleantechnica.com/2012/08/13/huge-overlooked-by-most-fossil-fuel-subsidy/ Clean Tech News & Views: Solar Energy News. Wind Energy News. EV News. & More. Mon, 29 Dec 2014 02:19:00 +0000 hourly 1 http://wordpress.org/?v=4.0.1 http://cleantechnica.com/2012/08/13/huge-overlooked-by-most-fossil-fuel-subsidy/#comment-129432 Tue, 14 Aug 2012 07:30:00 +0000 http://cleantechnica.com/?p=41286#comment-129432 Dana Nuccitelli artificially truncated the range of SCC estimates.  It is not “$5 to $68 per ton of CO2″, but as economists Frank Ackerman and Elizabeth Stanton note, the 2010 high-end figure is $900, and the 2050 high-end figure is $1,500.  So the subsidy for the 31.6 Gt CO2 emitted in 2011 could be as high as $28.4 trillion that year.  That’s equivalent to 40% of the world GDP in 2011.

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