Potholes In Their Arguments

Watts Up With That?

Guest Post by Willis Eschenbach

For folks with sensitive stomachs, I’d advise that you do not read the “Working Paper” named How Large Are Global Energy Subsidies? It was produced by the IMF [the “I” stands for “International” and most folks know what a “MF” is] as part of the media blitz in preparation for the upcoming quackathon in Paris, the 21st IPCC Climate Gabfest and Conference of the Partygoers. The Working Paper has attracted all kinds of alarmist headlines. The Guardian says “Fossil fuels subsidised by $10 million a minute, says IMF – ‘Shocking’ revelation finds $5.3 trillion subsidy estimate for 2015 is greater than the total health spending of all the world’s governments” … YIKES! One thing is clear from all of the ranting—those folks think energy subsidies are a baaaad thing.

Now, this is a curious point of view, since the Guardian and their friends are 1000% behind subsidizing…

View original post 2,147 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s