Governments' Oil Subsidies Increase Debt & Accelerate Catastrophic Climate Change
January 19, 2012 at 02:49PM A recent 3-minute brief from the Earth Policy Institute states that global public sector subsidy of the oil industry amounts to $500 billion per year. This spending increases public debt and accelerates catastrophic climate change. Should this be de-factor government policy in an age of catastrophic climate change when accurate understanding and a meaningful and sufficient response is nowhere to be seen?
Sustainability 2030 |
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