End Energy Subsidies

By Chris Edwards – Re-Blogged From http://www.downsizinggovernment.org

The energy industry has been heavily regulated and subsidized by the federal government for decades. The Department of Energy’s array of subsidy programs grew out of atomic research efforts of the 1950s, responses to the energy crisis of the 1970s, and concerns about conservation and global warming in recent decades.

The department spends about $9 billion annually on civilian energy research and subsidies. The following are some of the major program areas with the 2008 spending levels listed:

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