3 ms·
But we have numbers. $7 trillion dollars of subsidies per year[1]. This doesn't include military budgets which is needed to protect the oil supply. 10 million
by thelastgallon 3y ago
But we have numbers.
$7 trillion dollars of subsidies per year[1]. This doesn't include military budgets which is needed to protect the oil supply. 10 million deaths/year from air pollution[2]. We have deaths/TWH which shows fossil fuels are 1000x -2000x worse[3].
[1]https://e360.yale.edu/digest/fossil-fuel-subsidies-2022 https://e360.yale.edu/digest/fossil-fuel-subsidies-2022
[2]https://www.nytimes.com/2022/07/08/opinion/environment/air-pollution-deaths-climate-change.html https://www.nytimes.com/2022/07/08/opinion/environment/air-p...
[3]https://ourworldindata.org/grapher/death-rates-from-energy-production-per-twh https://ourworldindata.org/grapher/death-rates-from-energy-p...
- starcraft2wol 3y agoClicked in your first source. That “7 trillion” is a global number and already includes the writers speculations on the value of those other things > The other 82 percent of fossil fuel subsidies were implicit. These included tax breaks for oil firms, but also the unpaid cost of climate change and air pollution as a result of burning fossil fuels.
- TheLoafOfBread 3y agoSo much subsidies, that governments in EU are putting 50%+ tax on gas and diesel.
- toomuchtodo 3y agoAlso https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehicles#Places_with_planned_fossil-fuel_vehicle_restrictions https://en.wikipedia.org/wiki/Phase-out_of_fossil_fuel_vehic...
- Timon3 3y agoAnd yet the increased costs still don't reflect the actual price of externalities, which is an implicit form of subsidy.