The Climate Crisis

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The impacts and solutions of the Climate Crisis

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Dutch fossil fuel sector receives between 39 and 46 billion in annual subsidies, even more than previously thought (nos.nl)

submitted 1 year ago by yogthos@lemmygrad.ml to c/climatecrisis@lemmy.ml

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Two weeks ago it was said that the fossil fuel sector received up to 37 billion in annual subisidies, but it turns out to be even more

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[–] burchalka@lemmy.ml 1 points 1 year ago (1 children)

What would happen if one day those subsidies were to stop? I presume the fuel prices would triple, so that all consumer goods were to rise in price... but after giving it some time to stabilize, this would promote the move to sustainable/renewable fuel sources?

[–] yogthos@lemmygrad.ml -1 points 1 year ago

You just set up a false dichotomy there since an obvious alternative would be to nationalize the industry and to use the profits to build out renewable energy infrastructure.