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Posts Tagged ‘fossil subsidies’

$11 Million Per Minute in Fossil Subsidies ‘Add Fuel to the Fire’, IMF Study Shows

This article was originally published to The Energy Mix on October 7, 2021. The coal, oil, and gas industries received US$5.9 trillion in worldwide subsidies in 2020—a mind-bending $11.2 million per minute, every minute of every hour of every day in the year—the International Monetary Fund (IMF) revealed in an analysis released this week. An…

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