| ▲ | imglorp an hour ago | |
Oh that's not nearly the amount of fossil subsidies. Some say it's $31b/yr direct. If you factor in indirect costs like climate damage, health expenses, oil wars, etc, it's much higher. Renewables are much, much cheaper regardless of a little incentive, if there are any left. https://www.theguardian.com/environment/2025/sep/09/fossil-f... | ||
| ▲ | TheOtherHobbes 12 minutes ago | parent [-] | |
Globally, fossil tax breaks and implicit subsidies are at least $6tn. The entire sector is a catastrophic, institutionally corrupt scam. https://www.imf.org/en/topics/climate-change/energy-subsidie... | ||