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IMF Estimates Global Fossil Fuel Subsidy at 5.3 Trillion USD a Year

Discussion in 'Energy, Environment, and Policy' started by SageBrush, Jul 28, 2016.

  1. SageBrush

    SageBrush Active Member

    May 7, 2015
    Fossil fuels subsidised by $10m a minute, says IMF

    This estimate does not include military related costs.
    In the US the estimate is 700 Billion USD, compared to the 120 Billion Alt energy subsidy.
    As AGW worsens the estimate will increase dramatically.

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