News like this makes you wonder whether the people running this planet actually want it (or us) to survive at all.
A recent paper released by the International Monetary Fund (IMF) should shock all of us who believe in a green future based on renewable energy.
Despite stark warnings from scientists, fossil fuel subsidies continue to grow: this year alone, it is estimated that dirty coal and energy corporations will receive a staggering $5.3 trillion from governments worldwide.
To put this into perspective, the sum is more than the healthcare budget of all the countries in the world combined. It works out at $600 million per hour, $10 million per minute, and $200,000 per second. Just imagine what we could do with that kind of money.
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A recent paper released by the International Monetary Fund (IMF) should shock all of us who believe in a green future based on renewable energy.
Despite stark warnings from scientists, fossil fuel subsidies continue to grow: this year alone, it is estimated that dirty coal and energy corporations will receive a staggering $5.3 trillion from governments worldwide.
To put this into perspective, the sum is more than the healthcare budget of all the countries in the world combined. It works out at $600 million per hour, $10 million per minute, and $200,000 per second. Just imagine what we could do with that kind of money.
Read Entire Article »
