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by teh_klev
1734 days ago
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Read the first article: https://www.brookings.edu/research/reforming-global-fossil-f... "The Environmental and Energy Study Institute reported that direct subsidies to the fossil fuel industry totaled $20 billion per year, with 80% going toward oil and gas. In addition, from 2019 to 2023, tax subsidies are expected to reduce federal revenue by around $11.5 billion. Considering that production subsidies grew 28% between 2017 and 2019, the United States will be under a lot of scrutiny from other countries wanting to see evidence of reform before making their own commitments." |
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