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Fossil Fuel Subsidies Surged to Record $7T (imf.org)
4 points by perfunctory on Aug 31, 2023 | hide | past | favorite | 1 comment



In the Netherlands some politicians had a saying "Windmills run on subsidies."

It seems all energy sources run, to some extent, on subsidies?

That makes sense: next to roads, security, food, shelter and healthcare, the need for energy is one of the basic needs of a modern society.

Just look at the "Arab spring" some years ago: that was all about food and energy prices rising too fast and governments not acting enough to help their people.




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