Comments on: How Elon Musk Could End Fossil Fuel Subsidies https://www.theenergymix.com/how-elon-musk-could-end-fossil-fuel-subsidies/ The climate news that makes a difference. Thu, 20 Feb 2025 16:54:52 +0000 hourly 1 https://wordpress.org/?v=6.7.2 By: Boyd Reimer https://www.theenergymix.com/how-elon-musk-could-end-fossil-fuel-subsidies/#comment-25157 Mon, 17 Feb 2025 22:14:11 +0000 https://www.theenergymix.com/?p=151261#comment-25157 Here is a stealth subsidy to one fossil fuel sector Trump appears to be starting, not ending:
Due to the principle of supply and demand, Trump’s policies on increasing the US export of Liquid Natural Gas (LNG) will, in effect, benefit only the wealthy American LNG corporations — at the expense of his own US citizens who will pay more domestically for natural gas as a direct result of Trump’s actions.
See link for details: https://www.sierraclub.org/sierra/trump-s-lng-strategy-makes-no-sense
So, this is, in effect a subsidy to one fossil fuel sector that is done in stealth: Instead of paying for this subsidy with their tax money, US citizens will be paying for this stealth subsidy by paying more domestically for natural gas.

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