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Federal coal subsidies

33 bytes added, 20:22, 1 June 2010
According to the report, fossil fuel subsidies fall roughly into two categories:
#foregone revenues, such as a) provisions in the U.S. Tax Code that reduce the tax liabilities of particular entities, and b) lost government revenue from offshore leasing of federal lands through the under-collection of royalty paymentsfrom coal, oil, and gas;
# direct spending, in the form of expenditures on research, development, and other programs.
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