Fossil Fuel Industry Receives $500 Billion in Subsidies by Governments Worldwide

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The Real News Network

Fossil Fuel Industry Receives $500 Billion in Subsidies by Governments Worldwide

A new U.K. study published by the independent think tank the Overseas Development Institute outlined how world governments subsidize the fossil fuel industry to the tune of $500 billion. They also looked at the impact of these subsidies on the environment.

Joining The Real News Network to discuss this groundbreaking study, Time to Change the Game: Fossil Fuel Subsidies and Climate, is the author, Shelagh Whitley, who is a research fellow at ODI.

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