All products and services featured are independently selected by Forbes Vetted contributors and editors. When you make a purchase through links on this page, we may earn a commission. Learn more Terry Ward , Contributor Forbes Vetted S inger Bob Marley perhaps summed up Jamaica’s laid-back vibes best when he crooned, “Don’t worry about a thing.” With sugary beaches lapped by clear waters and verdant mountains, Jamaica promises the quintessential Caribbean vacation. There are delicious seafood and jerk dishes to sample and vivid sunsets that should be taken in at a beachfront bar to the sound of mellow reggae beats. The third largest island in the Caribbean, Jamaica has diverse landscapes and intriguing culture and history. Your vacation can be intrepid and adventurous or all-out luxurious. The best hotels and resorts in Jamaica offer friendly service, beautiful beaches, world class spas and wellness programs as well as activities for kids, golfers and … [Read more...] about The 10 Best Jamaican Resorts
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Yes, Fossil Fuel Subsidies Are Real, Destructive And Protected By Lobbying
Share to Twitter Share to Linkedin In November, I wrote that fossil fuel subsidies worth $700 billion are stalling the energy transition. Many readers emailed me asking for specific examples of these subsidies. Others pointed out that $700 billion is a low estimate because it doesn’t account for the related health and environmental costs that are borne by the general public. Because you asked, let’s examine in more detail how your tax dollars give oil, gas and coal an unfair edge over clean energy. In addition, let’s consider why these subsidies persist despite their astronomical cost to taxpayers and victims of climate change. What Counts as a Subsidy? To recap, my team and I found that the 1,801 largest publicly traded oil, gas and coal companies worldwide earned net profits worth $500 billion USD in 2013 yet received direct subsidies worth $700 billion. This is a moderate estimate. On the low end of the scale is the latest estimate from the … [Read more...] about Yes, Fossil Fuel Subsidies Are Real, Destructive And Protected By Lobbying
Fossil Fuel Subsidies And Impact Greenwashing Are Stalling The Energy Transition
Share to Twitter Share to Linkedin Since 1800, worldwide consumption of fossil fuels has increased 1,300-fold . Access to this cheap energy has lifted people out of poverty and catalyzed economic growth, wealth creation and healthier living environments . So, the fossil fuel industry must be remarkably profitable, right? After all, if renewables like solar and wind were competitive in a free market, would we not have switched over by now? Wouldn’t the top of the Forbes Global 2000 be stacked with clean energy companies instead of oil and gas giants? It sounds reasonable that market forces make fossil fuels our energy source of choice. The reality is quite different, however. Oil and gas companies are better at procuring government subsidies than generating profits. That has led investors to overestimate the fossil fuel industry while leaving clean energy innovations underfunded. It seems like we give companies important to the energy transition “just … [Read more...] about Fossil Fuel Subsidies And Impact Greenwashing Are Stalling The Energy Transition