this post was submitted on 12 Sep 2023
241 points (98.4% liked)

World News

32321 readers
715 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
Rumblestiltskin@lemmy.ml
AgreeableLandscape@lemmy.ml
jackmarxist@lemmy.ml
zephyreks@lemmy.ml
OurToothbrush@lemmy.ml
241
Global Fossil Fuel Subsidies Rise to $7 Trillion in 2022, Exacerbating Climate Crisis (www.mercomindia.com)
submitted 1 year ago by lntl@lemmy.ml to c/worldnews@lemmy.ml
13 comments fedilink hide all child comments
 

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

you are viewing a single comment's thread
view the rest of the comments
[–] Markimus@lemmy.world 9 points 1 year ago* (last edited 1 year ago)

7 trillion is not 73 trillion.

Edit: Just saw the 7.8 trillion figure for the US to switch to 100% renewables by 2050. That’s a long time to wait.