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by 9nGQluzmnq3M
2544 days ago
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The "subsidy" is not straight-up tax dollars being given to Exxon & co, but computed against "prices fully reflected supply costs plus the taxes needed to reflect environmental costs and other damage, including premature deaths from air pollution". |
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In the US, like many countries, these are very substantial:
https://www.investopedia.com/articles/07/oil-tax-break.asp