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by thelastgallon 52 days ago
Global Fossil Fuel Subsidies Reached $7 Trillion in 2022, an All-Time High: https://e360.yale.edu/digest/fossil-fuel-subsidies-2022

Plus, add the entire defense budget of US + western countries, which only exists to protect oil interests.

1 comments

In the "unpaid cost of climate change and air pollution as a result of burning fossil fuels" etc. sense, not in a cash given to fossil fuel folk sense.
> explicit subsidies, such as price caps on fuel, accounted for 18 percent of this total.