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by aianus
3519 days ago
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Can anyone explain to me these oft-mentioned government subsidies on fossil fuels? Gas has 25% taxes where I live. Surely that's the opposite of 'subsidizing' it (vs, for example, electricity which is taxed at 5%). What am I missing? |
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The tax is over 200% in most of the European Union, yet still doesn't fully cover the cost of roads and the external effects of pollution.
Some countries also subsidise it, such as by paying for prospecting or research.