Thursday, September 11, 2025

Fossil-fuel firms receive US subsidies worth $31bn each year, study finds

The US currently subsidizes the fossil-fuel industry to the tune of nearly $31bn per year, according to a new analysis. 

That figure, calculated by the environmental campaign group Oil Change International, has more than doubled since 2017. And it is likely a vast understatement, due to the difficulty of quantifying the financial gains from some government supports, and to a lack of transparency and reliable data from government sources, the group says…

https://www.theguardian.com/environment/2025/sep/09/fossil-fuels-subisidies-study


 

No comments:

Post a Comment








Click Older Posts above to see more.