31 Jul '17, 2pm

Taxpayers Give Billions in Fossil Fuel Subsidies, Lose Trillions to Related Health Costs

Health campaigners said the energy policies of the world's richest countries are inflicting a double burden on their citizens, not only using their taxes to pay fossil fuel subsidies, but also loading huge health costs on them. The work of the Health and Environment Alliance, HEAL , the report said that although fossil fuel combustion causes deadly air pollution and climate change , virtually all governments spend vast sums of public money—their citizens' taxes—on supporting the oil, gas and coal industry in fossil fuel energy production. A report by HEAL said the health costs associated with fossil fuels are more than six times higher than the subsidies the industry receives in the G20 group of the globe's leading industrialized countries. The G20 agreed in 2009 to phase out the subsidies , but HEAL said that on average, in countries belonging to the bloc, the health cost...

Full article: https://www.ecowatch.com/fossil-fuel-subsidies-2467529956...

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