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America’s ‘hidden subsidies’ worth $170b a year

Monday 6 Mar 17 11:00am

Not taxed – unlike the forests | Trong Nguyen


By RADEK STEFANSKI | Donald Trump wants to restrict or even abolish the US Environmental Protection Agency. In particular, he is proposing to dramatically limit the federal agency’s power to regulate carbon dioxide emissions, instead putting the onus on individual states to self-regulate.

Although it sounds like a dire strategy, and emissions will probably increase, tougher regulations in blue states like California or New York should mitigate the inevitable oil and gas boom in Texas and the Midwest.

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Related Topics: Energy | Greenhouse Effect | Kyoto | Tax

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