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Oil sector’s ‘staggering’ $3bn-a-day profits for last 50 years

7 pointsby chunkyslinkalmost 3 years ago

1 comment

kandurialmost 3 years ago
&gt;Vast sums provide power to ‘buy every politician’ and delay action on climate crisis, says expert<p>That explains why this industry gets USD 6 trillion of publicly paid subsidies from governments.<p>Source: <a href="https:&#x2F;&#x2F;www.theguardian.com&#x2F;environment&#x2F;2021&#x2F;oct&#x2F;06&#x2F;fossil-fuel-industry-subsidies-of-11m-dollars-a-minute-imf-finds" rel="nofollow">https:&#x2F;&#x2F;www.theguardian.com&#x2F;environment&#x2F;2021&#x2F;oct&#x2F;06&#x2F;fossil-f...</a>