Browsing the "ecohnomics" Tag

Governments Spend $1.4 Billion Per Day to Destabilize Climate

January 19th, 2012 | by Earth Policy Institute

We distort reality when we omit the health and environmental costs associated with burning fossil fuels from their prices. When governments actually subsidize their use, they take the distortion even further. Worldwide, direct fossil fuel subsidies added up to roughly $500 billion in 2010.



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