Recent searches
Search options
Administered by:
According to the International Monetary Fund (IMF) $7,000,000,000,000 were spent on direct and indirect subsidies for fossil fuels in 2022.
Government support for fossil fuels is equivalent to just over 7% of our planet's entire economic output.
By comparison, global education spending accounts for 4.3% of all GDP.
Cutting it could prevent 1.6M premature deaths per year and increase government revenues by $4.4 trillion.
https://www.statista.com/chart/31016/volume-of-global-fossil-fuel-subsidies-timeline/
So we give them staggering amounts of public money, to produce something they charge us an arm and a leg to buy, which we then burn, to produce by products that are slowly killing us!
It really is so f'd up 
@mackaj It is indeed. And adding to this misery, they’re using part of this money to buy our politicians and to manipulate public opinion. They even write the laws to suppress peaceful protests, labelling protesters as terrorists.
Yet we stand firm.
And anyone wondering why the top of that shot is in increasing only need look at the bottom to understand why.
@mackaj
I have never understood why we give billions of our tax $ to fossil fuel cos when they continue to show ever greater record profits and raise the price at every possible chance! When the price of oil goes up we see prices increase immediately. When it goes down they say we are still processing the expensive oil!