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Ronald Steenblik
ronsteenblik.bsky.social
did:plc:hfpkv5nx444vx34nbqqkafnt
I hope you realise that $5.7 trillion of that $7 trillion are not "subsidies" by any standard definition of the term, but consumption-related externalities. The actual subsidies DID increase, but to $1.3 trillion (from around $0.7 trillion in 2021).
See: https://www.imf.org/-/media/Files/Topics/energy-subsidies/EXTERNALfuelsubsidiestemplate2023new.ashx
2024-05-19T12:43:45.563Z