Fossil Fuel Subsidies: A Global Scandal – EcoWatch: Cutting Edge Environmental News Service: "The IMF assessment shows that global fossil fuel subsidies—including carbon pollution impacts from fossil fuels—account for almost nine percent of all annual country budgets, amounting to a staggering US$1.9 trillion, much higher than previously estimated. And importantly, says WWF Global Climate & Energy Initiative leader Samantha Smith, the report confirms that the poorest 20 percent of developing countries only marginally benefit from energy subsidies."
This report is about direct subsidy only, indirect subsidy, or externalities, are much higher.
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