How much are fossil fuels subsidized? 6% of the world's GDP, according to the IMF, goes to the richest companies in the world. In the US, it's over $650B: more than the Pentagon's budget, 10x what the US spends on education, and orders of magnitude more than goes to clean energy.
If you believe in a free market and are opposed to socialism, you should be outraged by this. Also if you don't. Really, if you're anyone other than the very few who are benefiting from us taxpayers subsidizing the richest companies in the world, you should be outraged.
For more information, including links to the original IMF analysis, please see: rollingstone.com/politics/polit…
