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Those are indirect costs, but on the cash side, don't forget the $5 trillion/yr in global fossil subsidies. US pays around $10-50 billion of that. https://www
by imglorp 8y ago
Those are indirect costs, but on the cash side, don't forget the $5 trillion/yr in global fossil subsidies. US pays around $10-50 billion of that.
https://www.theguardian.com/environment/climate-consensus-97-per-cent/2017/aug/07/fossil-fuel-subsidies-are-a-staggering-5-tn-per-year https://www.theguardian.com/environment/climate-consensus-97...
http://priceofoil.org/fossil-fuel-subsidies/ http://priceofoil.org/fossil-fuel-subsidies/
- c3534l 8y agoYou should read the articles you posted. They're redefining subsidy to mean: > not only supply costs but also (most importantly) environmental costs like global warming and deaths from air pollution and taxes applied to consumer goods in general. In other words, that $5 trillion is the indirect cost, not in addition to the indirect cost.