Why is public money propping up fossil fuels? Danny Chivers investigates.
Fossil-fuel subsidies are in the spotlight again. Unbelievable as it may sound, with climate impacts hitting hard and fast, government support for oil, coal and gas seems to be on the rise.
Yet there is very little consensus on just how much money goes towards subsidizing fossil fuels. While the argument against these subsidies is simple (‘Want to prevent climate breakdown? Then stop giving money away to the industries that cause it’) the details are a bit more complex.
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