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We need systemic change because there’s demand for what these companies are producing. For example there can be subsidies, or at least an end to oil subsidies!
by Synaesthesia 8y ago
We need systemic change because there’s demand for what these companies are producing. For example there can be subsidies, or at least an end to oil subsidies!
- chrisco255 8y agoAre there oil subsidies? I thought there was a Federal tax on gas...the opposite of subsidies?
- Rebelgecko 8y agoDepending on what you consider a direct subsidy, the US subsidizes fossil fuels to the tune of $5-15 billion per year. There was a study that came out claiming that around half of US oil production is only profitable because of these subsidies.
- testrun 8y agoDo you have a link to that study?
- Rebelgecko 8y agohttps://www.nature.com/articles/s41560-017-0009-8 https://www.nature.com/articles/s41560-017-0009-8
- JetSpiegel 8y agoI would consider the trillions spent on the Iraq Wars a substantial oil subsidy.