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Yeah, but investors in coal would be hard to find in a free market as they are not cost effective without government subsidies. Fossil fuel subsidies in 2015 w
by cromulent 9y ago
Yeah, but investors in coal would be hard to find in a free market as they are not cost effective without government subsidies.
Fossil fuel subsidies in 2015 were 6.5% of global GDP. That's quite a lot of money. Coal subsidies were about half of that.
http://www.sciencedirect.com/science/article/pii/S0305750X16304867?via%3Dihub http://www.sciencedirect.com/science/article/pii/S0305750X16...