March 29, 2013

Bombshell IMF Study: United States Is World’s Number One Fossil Fuel Subsidizer

Bombshell IMF Study: United States Is World’s Number One Fossil Fuel Subsidizer: Between directly lowered prices, tax breaks, and the failure to properly price carbon, the world subsidized fossil fuel use by over $1.9 trillion in 2011 — or eight percent of global government revenues — according to a study released this week by the International Monetary Fund. The biggest offender was by far the United States, [...]/p