Why is Pennsylvania Paying Billions in Fossil Fuel Industry Subsides?

Fossil Fuel Industry Subsides
Why are stated paying billions to the fossil fuel industry

Fossil Fuel Industry Subsides – ( Solar Thermal Magazine)

In 2012, PennFuture issued a report identifying fossil fuel subsidies in Pennsylvania to the tune of $2.9 billion, at the time roughly 10 percent of the state budget. The statewide environmental organization has updated that report and the current dollar amount of subsidies to the highly-profitable, mature fossil fuel industry continues to balloon.

All this at a time when the state faces a $1.5 billion budget shortfall and investment in emerging renewable energy industries such as solar and wind are at fractional levels. Federal leadership on carbon polluters has been no better in the first 100 days of the McConnell Senate.

WHAT: Release of PennFuture’s 2015 Fossil Fuel Subsidy Report

WHEN: Tuesday, April 14 at 10 a.m.

WHERE: PennFuture downtown office
200 First Avenue, 2nd Floor, Pittsburgh, PA 15222

WHO: Rob Altenburg, director, PennFuture Energy Center
Evan Endres, program manager, PennFuture Energy Center
Tom Schuster, senior campaign representative, Sierra Club Beyond Coal Campaign
Mike Carnahan, general manager, Scalo Solar Solutions

Contact: Elaine Labalme [email protected]
412.996.4112

About Gordon Smith
Gordon's expertise in the area of industrial energy efficiency and alternative energy. He is an experienced electrical engineer with a Masters degree in Alternative Energy technology. He is the co-founder of several renewable energy media sites including Solar Thermal Magazine.