[MCN] Fossil fuels entitlements program

[Lance Olsen]

The Hidden Subsidy of Fossil Fuels - The Atlantic <https://www.theatlantic.com/science/archive/2019/05/how-much-does-world-subsidize-oil-coal-and-gas/589000/>
https://www.theatlantic.com/science/archive/2019/05/how-much-does-world-subsidize-oil-coal-and-gas/589000/
7 hours ago ... A new report says that the world subsidized fossil fuels by $5.2 trillion in just one year. ... They have “declined substantially” over the last decade, the IMF says, ... Fossil fuels ensnare all of us in the same invisible network of ...
Fossil Fuel Subsidies Cost U.S. More than Defense Budget: IMF ... <https://www.rollingstone.com/politics/politics-news/fossil-fuel-subsidies-pentagon-spending-imf-report-833035/>
https://www.rollingstone.com/politics/politics-news/fossil-fuel-subsidies-pentagon-spending-imf-report-833035/
1 day ago ... Study: U.S. Fossil Fuel Subsidies Exceed Pentagon Spending ... trillion — or 6.3 percent of global GDP — in 2015 to subsidize fossil fuel use, ...
Friendly policies keep US oil and coal afloat far more than we thought ... <https://www.vox.com/energy-and-environment/2017/10/6/16428458/us-energy-coal-oil-subsidies>
https://www.vox.com/energy-and-environment/2017/10/6/16428458/us-energy-coal-oil-subsidies
Oct 6, 2017 ... US fossil fuel production is subsidized to the tune of $20 billion annually ... the IMF says that, globally speaking, they amount to $5.3 trillion a year. .... US oil production by almost 17 billion barrels over the next few decades, ...
The World Blows Over $5 Trillion a Year on Oil and Gas Subsidies ... <https://earther.gizmodo.com/the-world-blows-over-5-trillion-a-year-on-oil-and-gas-1834624546>
https://earther.gizmodo.com/the-world-blows-over-5-trillion-a-year-on-oil-and-gas-1834624546
9 hours ago ... The world subsidized its own demise to the tune of $5.2 trillion in ... and indirectly subsidizing fossil fuels, according to the hippies at the ... failure ever, and also that maybe the market isn't going to save us. .... Presidential Candidate Jay Inslee Proposes Shutting Down America's Coal Industry in a Decade ...
US taxpayers subsidising world's biggest fossil fuel companies ... <https://www.theguardian.com/environment/2015/may/12/us-taxpayers-subsidising-worlds-biggest-fossil-fuel-companies>
https://www.theguardian.com/environment/2015/may/12/us-taxpayers-subsidising-worlds-biggest-fossil-fuel-companies
May 12, 2015 ... The world's biggest and most profitable fossil fuel companies are receiving huge and rising subsidies from US taxpayers, a practice slammed ...
America spends over $20bn per year on fossil fuel subsidies. Abolish ... <https://www.theguardian.com/environment/climate-consensus-97-per-cent/2018/jul/30/america-spends-over-20bn-per-year-on-fossil-fuel-subsidies-abolish-them>
https://www.theguardian.com/environment/climate-consensus-97-per-cent/2018/jul/30/america-spends-over-20bn-per-year-on-fossil-fuel-subsidies-abolish-them
Jul 30, 2018 ... And yet, OCI notes that permanent tax breaks to the US fossil fuel industry are more than ... Add another trillion dollars in climate subsidies.
Global Fossil Fuel Subsidies Remain Large: An Update Based on ... <https://www.imf.org/en/Publications/WP/Issues/2019/05/02/Global-Fossil-Fuel-Subsidies-Remain-Large-An-Update-Based-on-Country-Level-Estimates-46509>
https://www.imf.org/en/Publications/WP/Issues/2019/05/02/Global-Fossil-Fuel-Subsidies-Remain-Large-An-Update-Based-on-Country-Level-Estimates-46509
May 2, 2019 ... This paper updates estimates of fossil fuel subsidies, defined as fuel ... were China ($1.4 trillion), United States ($649 billion), Russia ($551 ...
Energy subsidies - Wikipedia <https://en.wikipedia.org/wiki/Energy_subsidies>
https://en.wikipedia.org/wiki/Energy_subsidies
Energy subsidies are measures that keep prices for consumers below market levels or for ... Also, most benefits from fossil fuel subsidies in developing countries go to the richest 20% of households. ... The study found that "China was the biggest subsidizer in 2013 ($1.8 trillion), followed by the United States ($0.6 trillion), ...
The World Wasted Trillions of Dollars on Fossil Fuels Because of Bad ... <https://motherboard.vice.com/en_us/article/d7edgk/governments-wasted-trillions-on-fossil-fuels-without-even-noticing-because-of-bad-math>
https://motherboard.vice.com/en_us/article/d7edgk/governments-wasted-trillions-on-fossil-fuels-without-even-noticing-because-of-bad-math
Mar 10, 2017 ... Government subsidies for fossil fuels over the last three decades have been far ... costs of all fossil fuel subsidies was $1.82 trillion, or 3.8 percent of global GDP. ... higher for three crucial countries: China, Russia and the US.
Fossil Fuel Subsidies: Overview - Oil Change International <http://priceofoil.org/fossil-fuel-subsidies/>
http://priceofoil.org/fossil-fuel-subsidies/
Fossil fuel subsidies are any government actions that rig the game in favor of fossil ... last for decades, and investment in this infrastructure can mean that fossil fuel ... $1 trillion annually in subsidies, not including other costs of fossil fuels related to ... Other credible estimates of annual United States fossil fuel subsidies range ...
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“We live in a strange world. Where politicians say it’s too expensive to save the world, while spending trillions of euros subsidizing fossil fuels.”

Greta Thunberg

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