‘Reckless’: G20 states subsidised fossil fuels by $3tn since 2015, says report

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Recalculate for the last half century… When they still added lead and claimed they were pro environment.


I guess subsidies are still reported as income?


We’re ruled by the fossil conglomerates. That’s obviously not what we want or need. We deserve better.


These numbers are arbitrary. You can get everything from a few billion a year to 30 trillion a year depending on what you consider a subsidy.


Another crap article by The Guardian, not worth taking the time to read. One man’s legitimate tax treatment, per the tax code, is another man’s subsidy. Governments promote all kinds of things, like capital investment, through tax code. Investment in manufacturing plants is treated the same as investment in energy production.