2 thoughts on “The Fossil Fuel Industry is Making a Killing”
In 2012, the IEA estimated global, annual fossil fuel subsidies at around $550-billion. That’s subsidies alone, not profits or revenues. That leads me to suspect that Bernie Sanders’ remark refers to the US alone.
In 2012, the IEA estimated global, annual fossil fuel subsidies at around $550-billion. That’s subsidies alone, not profits or revenues. That leads me to suspect that Bernie Sanders’ remark refers to the US alone.
You’re right. Thanks for that clarification!