Global Fossil Fuel Consumption Subsidies Up Above $300 Billion In 2017, IEA Reports | CleanTechnica

Global Fossil Fuel Consumption Subsidies Up Above $300 Billion In 2017, IEA Reports | CleanTechnica

….the estimated value of fossil fuel consumption subsidies across the globe increased by 12% in 2017 to more than $300 billion. According to the IEA, the lion’s share of the increase is due to higher prices for oil — “which, if an artificially low end-user price remains the same, increases the estimated value of the subsidy.”

via Global Fossil Fuel Consumption Subsidies Up Above $300 Billion In 2017, IEA Reports | CleanTechnica

What they do not report is that fossil fuel and nuclear subsidies are TEN TIMES what the renewable energy industry gets.

So much for the ‘free market’ policies.

Full speed ahead into the dark abyss of fossil fuel addiction and global warming mass extinction!