Earth Track Blog
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Earth Track Blog features stories including; Why fossil fuel subsidies matter, Oil for nothing and gas for free, and many more. Earth Track works to develop comprehensive and accurate information on government interventions that harm the environmental quality, with a primary focus on energy markets. The interventions can act either as subsidies or as taxes.
Earth Track Blog
7M ago
December 8, 2023 - 2:43pm The 2023 edition of the World Nuclear Industry Status Report (WNISR 2023) once again provides a comprehensive review of industry growth, performance, and political and economic drivers around the world. This has always been a huge undertaking, but is made ever more so by a continuing migration away ..read more
Earth Track Blog
7M ago
January 26, 2024 - 12:20pm The Permian Basin leads US oil production by a large margin and is the second-largest natural gas producing basin in the country. Production reached an all-time high of 5.8 mbpd in 2023, " out-producing even Saudi Arabia’s massive Ghawar oilfield." The economics of the region are strong, with more ..read more
Earth Track Blog
11M ago
April 25, 2023 - 10:58am Many thanks to Auden Schendler, SVP of Sustainability at the Aspen Skiing Company for the invitation to talk about energy subsidies as part of their Aspen U Speaker Series. The event was also sponsored by the Aspen Center for Environmental Studies, Protect Our Winters, and Audi. The event gave me a ..read more
Earth Track Blog
11M ago
October 18, 2023 - 10:44am California has a well-earned reputation as a clean energy leader, and indeed continues to make significant progress in many areas. In 2022, for example, the state generated more than 54 gigawatt-hours from wind and solar, comprising more than one quarter of in-state power generation. Including power ..read more
Earth Track Blog
1y ago
August 15, 2019 - 9:23am Nuclear economics remain underwhelming, but the creative ways the industry pursues to shift risks onto others and to seek new subsidies for themselves continue unabated. Here's a run-down of a few recent developments. 1) NRC approves sale of closed Pilgrim nuclear reactor to Holtec. After studying ..read more
Earth Track Blog
1y ago
August 23, 2021 - 10:55am While the country, and indeed the world, struggles to contain the risks of catastrophic climate change it's easy to forget that the US has subsidized fossil fuel production for more than a century, and that we continue to do so. To assess how these subsidies affect domestic industry, Earth Track ..read more
Earth Track Blog
1y ago
January 12, 2023 - 1:15pm Our op-ed, Tax Expenditure Scrutiny Can End Trillion-Dollar Political Game, was published in Bloomberg Tax today. I wrote the piece jointly with Flurim Aliu and Agustin Redonda at the Council on Economic Policies in Zurich. Flurim and Agustin lead a hugely important effort to build a global database ..read more
Earth Track Blog
1y ago
March 20, 2023 - 4:06pm Last October, I wrote about the way that arcane statutory language on what tax breaks needed to be reported in Texas resulted in the largest tax subsidy to oil and gas in the state not being reported at all. Specifically, if a particular tax does not comprise 5% or more of the state's revenues ..read more
Earth Track Blog
1y ago
April 25, 2023 - 10:58am Many thanks to Auden Schendler, SVP of Sustainability at the Aspen Skiing Company for the invitation to talk about energy subsidies as part of their Aspen U Speaker Series. The event was also sponsored by the Aspen Center for Environmental Studies, Protect Our Winters, and Audi. The event gave me a ..read more
Earth Track Blog
1y ago
March 20, 2023 - 4:06pm Last October, I wrote about the way that arcane statutory language on what tax breaks needed to be reported in Texas resulted in the largest tax subsidy to oil and gas in the state not being reported at all. Specifically, if a particular tax does not comprise 5% or more of the state's revenues ..read more