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2023-10-17 09:23:12

Jan Rosenow on Nostr: In 2022 the world spent $7 trillion in fossil fuel subsidies according to the IMF. ...

In 2022 the world spent $7 trillion in fossil fuel subsidies according to the IMF.

That is 7.1% of GDP.

The IMF finds "substantial and pervasive underpricing of fossil fuels across countries".

This is flying in the face of global efforts to limit global warming.

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