Financial Times | Global energy subsidies fuel climate change, says IMF study Financial Times The $5.3tn “true cost” of government energy subsidies that the IMF team arrived at is equivalent to 6.5 per cent of global economic output. It is also more than twice the $1.9tn cost calculated by IMF researchers just two years ago. At the time the ... IMF Study: Global Energy Subsidies Will Cost $5.3 Trillion in 2015 Global Energy Subsidies to hit $5.3 Trillion: IMF Big Oil's astronomical hand-out: Fossil fuels receive $5.3 trillion in global ... |
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