Global fossil fuels subsidies total $1.9 Trillion

Yes, you read that right. According to a new report from the International Monetary Fund, governments around the world are giving in direct and indirect aids up to 1,900 billion USD ( 1,500 billion euros ) to fossil fuels subsidies each year. This total to 2.5 percent of global GDP. More importantly, ending those subsidies… Continue reading Global fossil fuels subsidies total $1.9 Trillion