Comment on US Energy Secretary Chris Wright: “I'm thrilled to report that after 35 years, on July 4th, we will end the subsidies for wind and solar projects”

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nightwatch_admin@lemmy.world ⁨1⁩ ⁨week⁩ ago

The IMF has kept an account of fossil fuel subsidies over the years. Explicit amount in 2024: .73b usd, 0.6% of global gdp. Implicit 6.7 trillion, 5.8% of global gdp.

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