Upgrading ESG Substack

Upgrading ESG Substack

Misguided Global Subsidies

We need to get the message out

Jeffrey Levine's avatar
Jeffrey Levine
Jun 28, 2023
∙ Paid

As reported on 24 June 23, “World Bank Decries Disastrous Fossil Fuel, Agriculture, & Fisheries Subsidies”. I am very glad that more attention is being shown to this.

In addition to direct subsidies of more than $7.5 trillion yearly, there are implicit subsidies such as waived taxes and the cost of the damage caused by global heating and air pollution. T…

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