Do the huge subsidies and tax breaks to the fossil fuel industries skew the economics of enegy and hinder the development of clean energy?
Besides the well known tax breaks (deepwater incentives, depletion allowances, tertiary recovery tax breaks) and other government support (eminent domain used to secure mineral rights, and rights of way for pipelines and transmission lines, dredging of deepwater ports and waterways, leases on public land) there are other hidden government giveaways to the fossil fuel industries. Government research labs provide the basic research that these companies need (seismology, offshore surveys, deep drilling, enhanced gas recovery, super computing). The military protects the oil supply lines. The Coast Guard cleans up the spills. The taxpowers pay the costs of the pollution left behind, monetarily and with the loss of quality of life and health. The government gives them incentives to develop the resources, but they use that money for excessive lobbying efforts.