$5.3 Trillion A Year In Fossil Fuel Subsidies Is Idiotic

Home / Politics / $5.3 Trillion A Year In Fossil Fuel Subsidies Is Idiotic

According to the IMF, the US dumps a ridiculous $700 billion a year on the dirty subsidies for the dirty piles of coal, gas, and oil. That’s $2,180 per American per year. Yep, aside from your electricity and gas bills, you are essentially sending $2,000+ to oil, gas, and coal companies because… because… well, they need our help, no?

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