Commentary
A popular talking point among green energy evangelists is that gas, oil, and coal are, in large part, successful because they are highly subsidized. Wind and solar, so the argument goes, would win in a fair fight, but, alas, the playing field is far from fair. But the supposed data they are drawing on to come to such a conclusion is misleading and geared more toward generating headlines than good policy.
A primary source used to back this claim up is a working paper presented by a group of International Monetary Fund (IMF) authors titled “Still Not Getting Energy Prices Right: A Global and Country Update of Fossil Fuel Subsidies.”…