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There is not really much of a fossil fuel subsidy, unless you are counting costs of climate change.
by akvadrako 7y ago
There is not really much of a fossil fuel subsidy, unless you are counting costs of climate change.
- imglorp 7y agoNot true. Around $5T a year globally, $600B just US, some direct and some indirect. https://www.rollingstone.com/politics/politics-news/fossil-fuel-subsidies-pentagon-spending-imf-report-833035/ https://www.rollingstone.com/politics/politics-news/fossil-f...
- akvadrako 7y agoIf you actually read that report you would see they include environmental costs from climate change and things like road usage and congestion. Sure, we shouldn't subsidize big trucks on highways - but it's deceptive to call that a fossil fuel subsidy.