Hindrance of sustainable development by government subsidies
Overconsumption through virgin materials subsidies
Public subsidization of environmental pollution
The USA subsidizes conventional energy forms several times more than new, renewable, and non-polluting forms. Subsidies for fossil fuels and nuclear energy amounted to many billions of dollars a year during the 1980s, whereas support for renewables dwindled to $114 million. Globally, subsidies that foster the overuse of soils, water, timber, pesticides, and land resources are estimated exceed $1 trillion a year, or almost one twentieth of the global economy.