World News@lemmy.worldEnglish · 1 year ago

The world feeds the climate crisis with public money: Fossil fuel subsidies amounted to $7 trillion in 2022

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The world feeds the climate crisis with public money: Fossil fuel subsidies amounted to $7 trillion in 2022

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World News@lemmy.worldEnglish · 1 year ago

An analysis by the IMF warns that government financial aid for polluting energy sources continues to grow, and calls for its complete elimination

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1 year ago
It’s bonkers to me that one would subsidize an insanely profitable business sector. Smells like straight up corruption and stealing from public to private interests.

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