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What "true subsidies" are you referring to? The link you cite to doesn't really mention any. The three biggest fossil fuel subsidies listed are: Foreign tax c
by liber8 15y ago
What "true subsidies" are you referring to? The link you cite to doesn't really mention any. The three biggest fossil fuel subsidies listed are:
Foreign tax credit ($15.3 billion), the Credit for production of non-conventional fuels ($14.1 billion), and the Oil and Gas exploration and development expensing ($7.1 billion).
The first and third are deductions just about every global corporation gets. The second one appears to be subsidizing alternative fuels, not fossil fuels at all.