| ▲ | leptons 4 days ago | |||||||||||||||||||||||||
Except it isn't a "bogus number". Fossil fuel subsidies are real. >"It’s not just the US: according to the International Energy Agency, fossil fuel handouts hit a global high of $1 trillion in 2022 – the same year Big Oil pulled in a record $4 trillion of income." https://www.budget.senate.gov/chairman/newsroom/press/sen-wh... I say give the subsidies to environmentally friendly producers instead, that don't use fossil fuels as the base material for producing packaging products. $1 trillion in one year is just an unfathomable amount of money to give away to corporations that are already making record profits far above the $1 trillion they already get. | ||||||||||||||||||||||||||
| ▲ | incrudible 3 days ago | parent [-] | |||||||||||||||||||||||||
If you say "$7 trillion to be exact" and then reduce that to $1 trillion in a followup, the number you initially gave is bogus. I don't care to figure out exactly how much of that number is similarly misleading, but the article you quoted gives $20 billion for the US in 2022, or 0.3% of the federal budget that year. I don't support these (actual) subsidies, but clearly such numbers are not game changers when the average American spends 10% of their income on energy. | ||||||||||||||||||||||||||
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