Off Peak
Report answers the sticky question: Where'd it go?
Subsidies. It's a word that prompts finger pointing from all directions in the energy industry. Now a new study, Federal Incentives for the Energy Industries, has uncovered which sources of energy (em not which type of provider (em received the most federal dollars over the past 50 years.
But don't expect the finger pointing to stop.
Management Information Services Inc., a Washington, D.C. economic and research consulting firm, found that federal subsidies over the past five decades totaled $564 billion in 1997 dollars.