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Monday, April 30, 2012

Articles: Does global warming cause extreme weather?

Articles: Does global warming cause extreme weather?: "Dr. Bernard Weinstein, associate director of the Maguire Energy Institute at Southern Methodist University, in an op-ed in the New York Post, stated that oil companies enjoy no benefits not available to other businesses.  They are permitted to expense prospecting and drilling costs during the year those costs are incurred.  Weinstein estimates that these deductions amount to $2.8 billion, while wind and solar plants enjoy real subsidies not available to other businesses amounting to $12.5 billion per year -- and this does not include state subsidies."

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