Can we end oil subsidies yet? Or have the oil companies not made enough trillions of dollars in profit since they started receiving subsidies a century ago?
I'm all for subsidies to accelerate an emerging market or technology, especially if it's "the future", but for 5-10 years at most, until it becomes mature enough to handle itself. Subsidizing highly profitable companies for a century is beyond stupid, because it also means those companies can be a lot more wasteful, knowing the taxpayers will cover the difference.
I'd ask for an end to Middle East oil-wars, too, but that seems even less likely to happen, so I'll happily take the ending of subsidies for now.
I'm all for subsidies to accelerate an emerging market or technology, especially if it's "the future", but for 5-10 years at most, until it becomes mature enough to handle itself. Subsidizing highly profitable companies for a century is beyond stupid, because it also means those companies can be a lot more wasteful, knowing the taxpayers will cover the difference.
I'd ask for an end to Middle East oil-wars, too, but that seems even less likely to happen, so I'll happily take the ending of subsidies for now.