Skip Navigation

Global Fossil Fuel Subsidies Rise to $7 Trillion in 2022, Exacerbating Climate Crisis

www.mercomindia.com Global Fossil Fuel Subsidies Rise to $7 Trillion in 2022, Exacerbating Climate Crisis - Mercom India

Putting the spotlight on the role of fossil fuel subsidies in exacerbating the climate crisis, a damning analysis by the International Monetary Fund (IMF) has said total fossil fuel subsidies...

Global Fossil Fuel Subsidies Rise to $7 Trillion in 2022, Exacerbating Climate Crisis - Mercom India

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

16

You're viewing a single thread.

16 comments
  • Difficult one for the Indian government - more business = more power required, but subsidies not acceptable

You've viewed 16 comments.