Monday, July 22, 2019

US fossil fuel subsidy at $649 billion per year

A new International Monetary Fund (IMF) study shows that USD$5.2 trillion was spent globally on fossil fuel subsidies in 2017. The equivalent of over 6.5% of global GDP of that year, it also represented a half-trillion dollar increase since 2015 when China ($1.4 trillion), the United States ($649 billion) and Russia ($551 billion) were the largest subsidizers. 

Saturday, February 2, 2019

Long list of costs and expenses of the subsidized auto system


CreditCredit Photo Richard Vogel/Associated Press
According to analysis by the Texas A&M Transportation Institute, the average American commuter spends 42 hours per year stuck in rush-hour traffic. In the Los Angeles area, the figure is nearly twice that, equivalent to more than three days. A 2015 Los Angeles Times pollfound that among residents of that city, traffic concerns exceed those pertaining to personal safety, finances or housing costs.

The total cost of traffic associated with lost time and wasted fuel exceeds $100 billion per year. As time slips away, idling vehicles add pollution, which has environmental and health consequences, including contributions to climate change. Long-term exposure to vehicle exhaust is associated with respiratory problems, especially in children. 

Friday, December 28, 2018

Who pays for the health costs of cars?

Air pollution from cars and vans racks up health bills of nearly £6bn every year in the UK, according to a new report by researchers at the universities of Oxford and Bath.
The costs to both the NHS and society at large were highest in cities, and diesel vehicles were the worst offenders in terms of harmful pollutants.
In total, the scientists concluded the health cost of an average car in inner London over the vehicle’s lifetime was nearly £8,000. For diesel cars this figure was nearly double. 

Wednesday, July 11, 2018

Hidden cost of sprawl, the minutes of your life While super commuters still represent a small share of the overall workforce, their long commutes have become increasingly common over the past decade. In 2005, there were about 3.1 million super commuters, roughly 2.4 percent of all commuters. By 2016, that share had increased by 15.9 percent to 2.8 percent of all commuters, or about 4 million workers. In some parts of the country the problem is much worse; in Stockton, where James lives, 10 percent of commuters travel more than 90 minutes to work each day.

Monday, June 4, 2018

G7 fossil fuel subsidies worth $100bn a year to industry, study finds

climatechangenews : "The study found that the world’s seven major industrial democracies spent at least $100 billion (£70 billion) a year to prop up oil, gas and coal consumption at home and abroad in 2015 and 2016 despite their pledge to end fossil fuel subsidies by 2025.

While France topped the overall ranking, the UK scored the fourth lowest score out of seven and the US was last. The data analysed does not cover the Trump administration."