May 9, 2019

TAX WHAT YOU DON'T WANT, DON'T SUBSIDIZE IT:

Study: U.S. Fossil Fuel Subsidies Exceed Pentagon Spending (TIM DICKINSON, 5/09/19, Rolling Stone)

The United States has spent more subsidizing fossil fuels in recent years than it has on defense spending, according to a new report from the International Monetary Fund.

The IMF found that direct and indirect subsidies for coal, oil and gas in the U.S. reached $649 billion in 2015. Pentagon spending that same year was $599 billion.

Posted by at May 9, 2019 3:43 AM

  

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