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Episode Info: Much Oil Drilling Depends on Subsidies, Study Finds CHARLESTON, W.Va. – As Washington considers changing the tax code and maybe subsidizing the burning of coal, a new report from the Stockholm Environment Institute and the environmental watchdog group Earth Track makes a compelling argument for eliminating tax breaks for a separate fossil fuel industry. Peter Erickson, the study's lead author, says open market prices would prevent the oil industry from tapping about half of known oil reserves. ...(Read More)Read more ยป

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