Massive subsidies to oil companies continue – Podcast

redeyePodcast from REDEYE RADIO:

Oil companies are some of the most profitable corporations in the world. Yet they receive between 20 and 40 billion dollars a year in subsidies, according to a report produced for the OECD by Earth Track, an independent energy information research organisation in Boston, Massachusetts.

LORRAINE CHISHOLM interviews Stephen Leahy an environmental journalist who documented these facts in a recent article. Listen to podcast

Read article: ‘Bailout’ for Oil Companies $20-40 Billion (and maybe more) every year

Speaking of subsidies, here’s my articles on ethanol and biofuels :

Quotes From Six Experts On Ethanol

Biofuels: Another Good Reason to Hate American Policy

Ethanol: The Great Big Green Fraud

Record $Financing For Biofuels, Not Food