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Browsing the "G20" Tag

Fossil Fuel Subsidies Still Too High

October 12th, 2011 | by Charis Michelsen

Big oil gets big money from the government – as CleanTechnica readers may remember, $4 billion was awarded to big oil in the form of tax breaks in 2011 alone. Given that subsidies worldwide rose to at least $470 billion worldwide in 2010 – according to International Energy Agency analysts – that is perhaps more surprising than it should be



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