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Global Fossil Fuel Subsidies Rise to $7 Trillion in 2022, Exacerbating Climate Crisis (www.mercomindia.com)
submitted 2 years ago by to c/worldnews@lemmy.ml
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The IMF report said that explicit subsidites have more than doubled since its previous assessment, from $0.5 trillion to $1.3 trillion in 2022.

It's a bold strategy Cotton, let's see if it pays off for them

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[–] 25 points 2 years ago (2 children)

If you liked that, you're going to love this. It's almost exactly the price tag to switch - completely - to renewables.

https://e360.yale.edu/digest/the-global-price-tag-for-100-percent-renewable-energy-73-trillion

I know, I know, many studies, many different amounts, but come on! Let's try!

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