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Some, perhaps, but nowhere near the figure given ($5trn). Saying that they'es $5 trillion in fossil fuel subsidies makes people think that if we just cut these
by Steven_Vellon 7y ago
Some, perhaps, but nowhere near the figure given ($5trn). Saying that they'es $5 trillion in fossil fuel subsidies makes people think that if we just cut these subsidies then we'd have $5 trillion of spare cash. That's not the case, these subsidies are really speculated externalities.
- flukus 7y agoThere's less direct subsidies that would free up some spare cash, like the military budget spent keeping middle eastern oil wells flowing.