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by ck2 37 days ago
I mean we're dealing with an administration that paid off windfarms billions to NOT build

but this endless war of choice is making everything in the world extra horrible

and Russia just got another pass to sell more oil at top dollar to fund their own war

1 comments

We also subsidize fossil fuels at around US$800 B/year direct, and much more than that indirect (wars, pollution, warming etc). A 100% fossil tax is what we need to kick that habit.
>subsidize fossil fuels at around US$800 B/year direct

I would like to see a source for that. Usually this is from someone who thinks corporate taxes should be on gross revenue instead of profit.

https://fossilfuelsubsidytracker.org

Globally it was 1.6 T in 2022, direct.

For what they call implicit subsidies, IMF thinks it was $6.7T in 2024. https://www.imf.org/en/publications/wp/issues/2025/12/20/und...

Looks like $6.46 per person in the U.S.

>The scope of the OECD Inventory is therefore broader than conventional conceptions of “subsidy”.

https://fossilfuelsubsidytracker.org/methodology/

...so I guess we should be ganging up on the Netherlands ($1,760 per capita) and Sweden ($924 per person).

I think corporations should pay import taxes on services, that would fix a lot of tax dodging