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Most of those subsides are for capital investments, something that is available to all industries, including wind and solar. You'll note that the article simpl
by mason240 10y ago
Most of those subsides are for capital investments, something that is available to all industries, including wind and solar.
You'll note that the article simply says:
>Fossil fuels are reaping $550 billion a year in subsidies and holding back investment in cleaner forms of energy, the International Energy Agency said.
and then nothing else about what those subsidies actually are.
It would make sense that sectors that generate the vast majority of energy would receive the most of those capital investment subsidies - they are actually receiving a far small amount comparatively.