• JustEnoughDucks@feddit.nl
    link
    fedilink
    arrow-up
    19
    ·
    edit-2
    1 year ago

    The entire energy industry is like this though. All over the western world too.

    The fossil fuel energy industry subsidies according to IMF and has surpassed $7 trillion just in the US. Talk about propping up the industy.

    In 2021, NYT reported on a study saying that subsidies were at $5.9 trillion

    • sj_zero@lotide.fbxl.net
      link
      fedilink
      arrow-up
      2
      ·
      1 year ago

      Yeah, lots of crony capitalism and corruption out there. And nobody in any party is actually going to do anything about it.