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“even as unprecedented heat waves and simultaneous extreme weather events blow holes in household and public budgets alike, the industry responsible is receiving $13 million from the public every minute.” #energyextortion #climatechange https://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion
IMFFossil Fuel Subsidies Surged to Record $7 TrillionScaling back subsidies would reduce air pollution, generate revenue, and make a major contribution to slowing climate change