EIA defines subsidies as funds that a government expends or revenue it foregoes to encourage or support certain activities. EIA's report includes direct expenditures, tax expenditures, research and development (R&D), and credit subsidies to recipients of federal loan guarantees.
Tax expenditures provided 80 percent of FY 2016 subsidies for renewables. More than half (51 percent) of the $5.6 billion in renewable tax expenditures went to biofuels which accounted for 77 pct of tax expenditures in FY 2010, but only 31 pct in FY 2013.
(Source: US EIA, Grand Island Independent, 28 April, 2018)
More Low-Carbon Energy News Energy Information Administration, Renewable Energy, Renewable Energy Incentive,